Mukesh Ambani on what he told Reliance Board about analysts’ warning on Jio that he calls the biggest risk taken by Reliance Group so far: In the worst case scenario …

Mukesh Ambani, chairman of Reliance Industries, India’s largest private-sector conglomerate, revealed insights into his leadership philosophy and the company’s bold approach to innovation during a recent interview for the Leading Asia series. Speaking to McKinsey, Mukesh Ambani discussed how a clear vision, coupled with the right talent, has helped Reliance grow from a modest textiles business into a global leader in innovation and value creation. The Leading Asia series features in-depth conversations with the region’s most influential leaders, exploring the strategies behind their ambitious goals.

Highlighting the company’s willingness to take risks, Ambani pointed to the launch of Reliance Jio as a defining moment. “We’ve always taken big risks because, for us, scale is important. The biggest risk we have taken so far was Jio.