Reliance Industries chairman Mukesh Ambani has said he is committed to making the $16.8 billion conglomerate last for centuries and institutionalise the achievements of his father, the late Dhirubhai Ambani.

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"There are a few companies in the world that have lasted centuries. And I think that's a commitment I have made to him (father), to myself and to everyone at Reliance," he said while participating in BBC World's 'Face to Face' programme hosted by Karan Thapar.

Ambani said he would continue with the legacy of his father.

The Reliance chief, who was accompanied by his wife Nita Ambani, said Dhirubhai was a devoted father and always spent ample time with his four children.

"He always found time for us. His general view was 'never have an inferiority complex'. For each one of us in the family and for me particularly that whole relationship is a lesson for life," he said.

Nita Ambani said both she and her husband, who are one of the richest couples in the country, feel that neither money nor wealth was an end in itself.

"How you use your wealth is more important. I tell Mukesh all the time that life is not about making money or making wealth. Life is actually about making memories. For that is all you leave behind," she said.

She described Mukesh Ambani as a very intense person "who believes in long lasting relationships".