When compared to elder brother, the stra
tegy adopted by Anil does invite an exceptionally generous dose of skepticism. You might well ask how a controlling stake in a small courier company called DTDC will help his long term strategy? Yet, discerning analysts have managed to see some method behind this seeming madness. According to them, Anil too is following a three-pronged strategy for long term growth by focussing on telecom, media & entertainment (in order to cash in on the promise of convergence in the future); financial services & power. The first two seem to be working quite well. Telecom, media and entertainment are all sunrise areas and there is little doubt that Anil Ambani will be one of the biggest players in the future. Reliance Infocom is already the second largest operator in the private sector behind Bharti Telecom. Even in financial services, he is aggressively expanding and promises a conglomerate by 2010 that will be much smaller compared to behemoths like ICICI; but a serious player, nevertheless.
For Complete IIPM Article, Click on IIPM Article
tegy adopted by Anil does invite an exceptionally generous dose of skepticism. You might well ask how a controlling stake in a small courier company called DTDC will help his long term strategy? Yet, discerning analysts have managed to see some method behind this seeming madness. According to them, Anil too is following a three-pronged strategy for long term growth by focussing on telecom, media & entertainment (in order to cash in on the promise of convergence in the future); financial services & power. The first two seem to be working quite well. Telecom, media and entertainment are all sunrise areas and there is little doubt that Anil Ambani will be one of the biggest players in the future. Reliance Infocom is already the second largest operator in the private sector behind Bharti Telecom. Even in financial services, he is aggressively expanding and promises a conglomerate by 2010 that will be much smaller compared to behemoths like ICICI; but a serious player, nevertheless.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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