Dhirubhai H. Ambani (1932-2002)

Ambani

Technical Data

Date of Issue December 28, 2002
Denomination Rs. 5
Perforation comb 13½ x 13
Printer Security Printing Press, Nashik
Watermark No Watermark
Colors Multicolor
Catalog Codes

Michel IN 1940

Stamp Number IN 1988

Yvert et Tellier IN 1705

Stanley Gibbons IN 2108

WADP Numbering System - WNS IN051.02

Themes

Commemorative Stamp Set: Dhirubhai H. Ambani (1932-2002)

Design Elements:

  • Portrait of Dhirubhai Ambani: The stamp features a detailed portrait of Dhirubhai Ambani, capturing his iconic smile, symbolizing his entrepreneurial spirit and visionary leadership.
  • Background Imagery: The background includes imagery of the Reliance Industries headquarters and textile mills, representing his achievements in building India’s largest business conglomerate.
  • Stock Market Theme: Elements symbolizing the Indian stock market, such as stock tickers and rising market charts, emphasize his role in democratizing equity ownership in India.

Cultural and Historical Significance:

  • Economic Pioneer: Dhirubhai Ambani was instrumental in transforming India’s corporate landscape, pioneering large-scale industrialization in textiles, petrochemicals, oil and gas, and telecommunications.
  • Stock Market Revolution: By involving ordinary citizens in public equity offerings, he generated a revolution in India’s financial markets, fostering a culture of investment and broad-based shareholder participation.
  • Visionary Leader: His emphasis on self-reliance, large-scale operations, and quality production at affordable prices continues to shape Indian industries, contributing to economic growth and global competitiveness.

Usage:

  • Commemorative and Corporate Events: The stamp is ideal for corporate and public events celebrating entrepreneurship, innovation, and India’s economic rise.
  • Philatelic Collections: It holds special value for collectors interested in India’s business icons and the transformation of India’s economy.

Importance of the Commemorative Stamp Set:

  • Legacy of Entrepreneurship: The stamp celebrates Dhirubhai Ambani’s legacy, from his humble beginnings to his creation of Reliance Industries, a global business powerhouse.
  • Economic Growth and Empowerment: It highlights his role in empowering retail investors and democratizing wealth creation, a contribution that continues to influence India’s capital markets.
  • Inspiration for Future Entrepreneurs: Dhirubhai Ambani’s journey from a petrol station attendant to a corporate giant remains a symbol of hope and inspiration for aspiring entrepreneurs.

Example of the Stamp Design:

  • The stamp features Dhirubhai Ambani’s portrait in the foreground, with symbols representing his key achievements: the Reliance logo, a textile mill to depict his early ventures, and stock market imagery showcasing his influence on India’s financial markets.

The commemorative stamp set might include:

  1. Portrait of Dhirubhai Ambani – capturing his persona as an icon of entrepreneurship.
  2. Stock Market Imagery – symbolizing his pioneering work in retail equity investment.
  3. Industrial Background – depicting Reliance’s evolution across sectors like textiles, oil, and gas.