That Jain is Ambani’s lieutenant is quite clear, but that doesn’t mean he doesn’t have his own vision for his own company, Jai Corp. He is looking at developing real estate on the outskirts of the SEZs, along with independent townships, as the area within the SEZs will not be enough to cater to housing needs. “Every person would need an average of 50 square feet of office space and three times that for residential needs,” he explains. Jai Corp. is planning to develop two townships along the Mumbai-Pune Expressway, of 300 acres each. It is also planning a township in Talegaon and one in Nasik.

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