Chairman of Reliance Industries Limited, Mukesh Ambani has acquired an honorary Doctor of Science degree by the Institute of Chemical Technology (ICT), Mumbai. He has been a former student of ICT. The honor was conferred upon him on 16th February, 2015 by the hands of the Chancellor, Dr. R.A. Mashelkar and Vice Chancellor, Professor G. D. Yadav of ICT.
This honor makes Ambani stand with three of the most known scientists. Among these are Dr. C.N.R. Rao who has won Bharat Ratna; the well-known scientist, Professor George Whitesides and Professor M.M. Sharma who has been conferred by Padma Vibhushan and has taught Ambani at the institute.
Ambani’s relation with the institute
ICT was earlier known as University Department of Chemical Technology (UDCT) when Ambani passed out. He acquired the degree of BE in Chemical Engineering from the institute in 1979. He has strengthened his relationship with the institute over these years. He mentioned UDCT to be his home and said that the institute has shaped him to emerge as one of the most powerful entrepreneurs of the world.
He said that the 35-years he spent with the institute after passing out has also been very special. ICT has been very close to the entire Reliance Family. He got the opportunity of participating actively in establishing grassroots assets across the country with an investment that has been more than Rs. 300,000 crores. He also said that ICT and Professor M.M. Sharma has always helped and encouraged him to take some of the major decisions concerning Reliance Industries. He further added that ICT has played a vital role in ‘building the Reliance of today.’
The renowned industrialist remembered his father and the Founder of Reliance Industries, Late Mr. Dhirubhai Ambani, while accepting the honor. He said that his father has deeply influenced and shaped his life. He dedicated the honor to over 1 lakh individuals who have assisted him to take his company where it is today.
Institute of Chemical Technology
The former, UDCT was established on 1st October, 1933. It was set up by the University of Mumbai with the help of many entrepreneurs. It has laid great emphasis on research since then and is said to make more than 500 first generation businessmen. On 26th January, 2002 UDCT was renamed to ICT and was converted to an institute. It acquired complete autonomy from the Government of Maharashtra in June, 2004 and got the status of Deemed University by the Ministry of Human Resource Development (MHRD) in September, 2008.
Apart from BE in Chemical Engineering, Ambani has acquired MBA degree from the Stanford University in USA. He then joined Reliance Industries in 1981. He took Reliance from the business of textiles to polyester fibers and then to petrochemicals. He also actively worked to set up the largest grassroots petroleum refinery in the world at Jamnagar, Gujarat and also another one located next to it.
The Chairman of Reliance Industries, <a href=”http://www.reliance-news.com/” title=”Mukesh Ambani”>Mukesh Ambani</a> was conferred upon the honorary Doctor of Science degree by the Institute of Chemical Technology.