Who Is Manoj Modi? Mukesh Ambani’s Right-Hand Man Who Received Rs 1,500 Crore Property As A Gift

Mukesh Ambani , the Chairman and Managing Director of Reliance Industries, has gifted a 22-storey property in Mumbai to Manoj Modi , his close friend and longtime employee in the company. The luxurious property, worth Rs 1,500 crore, stands at Nepean Sea Road, a premium locality in Mumbai.

Who is Manoj Modi?

Manoj Modi is seen by many as Mukesh Ambani's right-hand man, serving as a Director at Reliance Retail and Reliance Jio . He is a crucial decision-maker in the company's significant moves and an integral part of its senior management team. Modi holds a bachelor's degree in Chemical Engineering and is the key strategist and architect of the company's financial and capital plans. He has played an instrumental role in the launch of Reliance Jio and has been involved in the successful completion of large projects for Reliance.

Details of the Property

The property gifted to Manoj Modi consists of 22 floors, with the first seven floors reserved exclusively for car parking. Each floor spans 8,000 square feet, and the total area of the building is 1.7 lakh square feet. The house designers for the property are Talati & Partners LLP, and some of the house furniture is sourced from Italy.

Reactions

The gift has garnered significant attention, with many praising Mukesh Ambani's generosity and Manoj Modi's contributions to the company. The gift has also raised questions about the concentration of wealth in the hands of a few individuals in India.