Circa 1991 Immortal Combat

Darwin’s theory of natural selection proposes the viewpoint that only the fi ttest of species survive in the instance of a struggle. But while many Indian family businesses slipped into oblivion post-1991, the era also saw the rise of a host of new entrepreneurs who reveled in the emerging opportunities.
There are a few business families that were well in existence before 1991, but found their true calling only once the markets opened up. Reliance Industries is one of them. Reliance actually started as a textile company, but relentless backward integration took it from textiles to intermediates to petrochemicals to refining and finally to exploration of oil & gas. Even after the unfortunate split, Anil & Mukesh are charting their own separate courses towards glory.

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Source:- IIPM Editorial

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative