But it has to be said: this doesn't do justice to Dhirubhai's outstanding abilities and drive on so many fronts: as an innovative financier, an inspiring manager of talent as astute marketer of his products and as a forward looking industrialist. His story is a flowering of entrepreneurship from a traditional isolated backwater like Junagadh; the accumulated ethic of centuries of business and banking among the bania castes being transferred to modern corporations; the impressive numeracy of so many Indians from the poorest street traders to the high financiers; the way in which the age-old trading links to the Indian Ocean rim have been extended into Europe and North America by the past forty years of migration.
Sixty years after 'freedom at midnight', the moment of India's modern independence in 1947, the Modh Bania from Saurashtra named Dhirubhai Ambani seemed to portray the spirit of the new India more than the region's other most famous Modh bania, Mohandas Karamchand Gandhi.
Thursday, December 30, 2010
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