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Tony

Decoding Business. N... • 2d

Everyone thinks Mukesh Ambani plays fair. But he doesn’t just build businesses — he builds monopolies. Jio launched → Internet became free → All small telecom players died. Acquires majority stake in media houses → Controls the news narrative. Brings in Reliance Retail → Crushes kirana stores with deep discounts. Enters pharma, fashion, logistics, cloud, education, even agriculture. And now buying legacy brands like Campa Cola, Hamleys, NetMeds, Urban Ladder, JustDial, and now Kelvinator. Ambani doesn’t create new markets. He enters late, undercuts with funding, and buys out or bleeds out anyone standing in the way. This isn’t capitalism. It’s consolidation of power behind the mask of “Make in India.” So are we supporting Indian business? Or just handing India over to one business family?

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