Reliance Industries Limited (RIL) is an Indian multinational conglomerate

headquartered in Mumbai. Reliance owns businesses across India engaged in energy,

petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance
is one of the most profitable companies in India the largest publicly traded company
in India by market capitalisation, and the largest company in India as measured by
revenue after recently surpassing the government-controlled Indian Oil Corporation.
It is also the eighth largest employer in India with nearly 195,000 employees. On 10
September 2020, Reliance Industries became the first Indian company to cross $200
billion in market capitalisation.
The company is ranked 96th on the Fortune Global 500 list of the world's biggest corporations as of 2020. It
is ranked 8th among the Top 250 Global Energy Companies by Platts as of 2016. Reliance continues to be
India's largest exporter, accounting for 8% of India's total merchandise exports with a value of ₹1,47,755
crore and access to markets in 108 countries. Reliance is responsible for almost 5% of the government of
India's total revenues from customs and excise duty. It is also the highest income tax payer in the private
sector in India.
Type Public
Traded as BSE: 500325 NSE: RELIANCE LSE: RIGO BSE SENSEX Constituent
NSE NIFTY 50 Constituent
ISIN INE002A01018
Industry Conglomerate
Founded 8 May 1973; 48 years ago
Founder Dhirubhai Ambani
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people Mukesh Ambani (Chairman & MD)
Products Petroleum, Natural gas, Petrochemicals, Textiles, Retail, Telecommunications,
Media, Television, Entertainment, Music, Financial Services, Software
Revenue Decrease ₹502,653 crore (US$70 billion) (2021)
Operating income Decrease ₹76,134 crore (US$11 billion) (2021)
Net income Increase ₹53,223 crore (US$7.5 billion) (2021)
Total assets Increase ₹1,321,212 crore (US$190 billion) (2021)
Total equity Increase ₹693,727 crore (US$97 billion) (2021)
Owner Mukesh Ambani (50.54%)
Number of employees 236,334 (2021)
Subsidiaries Jio Platforms
Jio Payments Bank (70%) Reliance Retail
Reliance PetroleumNetwork18 Group (64%) Mumbai Indians
Alok Industries
FutureGroupReliance Foundation
Website http://www.ril.com/
 History
1960–1980

The company was co-founded by Dhirubhai Ambani and Champaklal Damani in 1960's as Reliance
Commercial Corporation. In 1965, the partnership ended and Dhirubhai continued the polyester business of
the firm. In 1966, Reliance Textiles Engineers Pvt. Ltd. was incorporated in Maharashtra. It established a
synthetic fabrics mill in the same year at Naroda in Gujarat. On 8 May 1973, it became Reliance Industries
Limited. In 1975, the company expanded its business into textiles, with "Vimal" becoming its major brand
in later yea ₹ The company held its Initial public offering (IPO) in 1977. The issue was over-subscribed by
seven times. In 1979, a textiles company Sidhpur Mills was amalgamated with the company. In 1980, the
company expanded its polyester yarn business by setting up a Polyester Filament Yarn Plant in Patalganga,
Raigad, Maharashtra with financial and technical collaboration with E. I. du Pont de Nemours & Co., U.S.

1981–2000
In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries
Ltd. During the years 1985 to 1992, the company expanded its installed capacity for producing polyester yarn
by over 1,45,000 tonnes per annum.
The Hazira petrochemical plant was commissioned in 1991–92.
In 1993, Reliance turned to the overseas capital markets for funds through a global depository issue of
Reliance Petroleum. In 1996, it became the first private sector company in India to be rated by international
credit rating agencies. S&P rated Reliance "BB+, stable outlook, constrained by the sovereign ceiling".
Moody's rated "Baa3, Investment grade, constrained by the sovereign ceiling".
In 1995/96, the company entered the telecom industry through a joint venture with NYNEX, USA and
promoted Reliance Telecom Private Limited in India.
In 1998/99, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas.
The years 1998–2000 saw the construction of the integrated petrochemical complex at Jamnagar in Gujarat,
the largest refinery in the world.

2001 onwards
In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two largest companies in
terms of all major financial paramete ₹ In 2001–02, Reliance Petroleum was merged with Reliance
Industries.
In 2002, Reliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three
decades and one of the largest gas discoveries in the world during 2002. The in-place volume of natural gas
was in excess of 7 trillion cubic feet, equivalent to about 120 crore (1.2 billion) barrels of crude oil. This was
the first ever discovery by an Indian private sector company.
In 2002–03, RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd. (IPCL), India's
second largest petrochemicals company, from the government of India, RIL took over IPCL's Vadodara
Plants and renamed it as Vadodara Manufacturing Division (VMD). IPCL's Nagothane and Dahej
manufacturing complexes came under RIL when IPCL was merged with RIL in 2008.
In 2005 and 2006, the company reorganised its business by demerging its investments in power generation
and distribution, financial services and telecommunication services into four separate entities.
In 2006, Reliance entered the organised retail market in India with the launch of its retail store format under
the brand name of 'Reliance Fresh'. By the end of 2008, Reliance retail had close to 600 stores across 57 cities
in India.
In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholde ₹
In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services
Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held
by the government of India.
In the same year, Reliance and BP announced a partnership in the oil and gas business. BP took a 30 per cent
stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the KG- D6
block for $7.2 billion. Reliance also formed a 50:50 joint venture with BP for sourcing and marketing ofgas
in India.
In 2017, RIL set up a joint venture with Russian Company Sibur for setting up a Butyl rubber plant in
Jamnagar, Gujarat, to be operational by 2018.
In August 2019, Reliance added Fynd primarily for its consumer businesses and mobile phone services in
the e-commerce space.

Reliance Industries Limited operates world–class manufacturing facilities across the country at Allahabad,
Barabanki, Dahej, Dhenkanal, Hazira, Hoshiarpur, Jamnagar, Kurkumbh, Nagothane, Nagpur, Naroda,
Patalganga, Silvassa and Vadodara.
Subsidiaries of Reliance Industries
Reliance Group has 158 + subsidiary companies and 7 associate companies. Here are some of the most
popular Reliance Industries Subsidiaries:

 Jio Platforms
Jio is essentially a technology company that is a majority-owned
subsidiary of reliance industries. It is one of the top reliance subsidiary
companies lists. It was announced in October 2019 and has all digital
initiatives and the telecommunication assets being housed under it. This
new subsidiary holds all the digital business assets including Reliance Jio
Infocomm Ltd.
Jio Infocomm in turn holds the Jio connectivity business which includes
Mobile, broadband and enterprise, and also the other digital assets. Jio
apps are the tech backbone and investment in other tech entities like
Haptic, Hathaway, and Den networks among othe ₹ In April 2020,
reliance announced a strategic investment of ₹43,574 crores by Facebook into the Jio Platform. This
investment translated into a 9.99% equity stake, on a fully diluted basis. Further in May 2020,
reliance sold roughly 1.15% stake in Jio Platforms for ₹5,656 crores to the American private equity
investor, Silver lake partner. Intel became the 12th company to invest in reliance Jio platform after it
invested ₹1,894.50 crores. In July 2020 google announced that it will acquire a 7.7% stake in the Jio
platform for ₹33,737 crores.

 Reliance Retail
Reliance Retail is the retail business wing of Reliance Industries. In March 2013, it had 1466 stores in
India. It is the largest retailer in India as it includes many brands like Reliance Fresh, Reliance Footprint,
Reliance Time Out, Reliance Wellness, Reliance Trends, Reliance Autozone, Reliance Mart, Reliance
iStore.Reliance Home kitchen, Reliance Home Kitchens, Reliance Market (cash n carry), and Reliance
Jewels all come under the banner of Reliance Retail brand. Its annual income revenue for the financial
year of 2019 was ₹1.62 billion.
 ear of 2019 was ₹1.62 billion.
 Reliance Life Science
This company works around medical, plant, and industrial biotechnology opportunities. It
specializes inthe manufacturing, branding, and marketing of
Reliance Industries products
in Biopharmaceuticals, clinical
research services, regenerative medicine,
molecular medicine, novel therapeutics,
biofuels, plant biotechnology, and industrial
biotechnology sectors of the medical
business industry. Reliance Institute of life
science (RILS) was established by Dhirubhai
Ambani Foundation as it is an institution
offering higher education in various fields of
life science andrelated technologies.

 Reliance Logistics

It is a single-window company selling

transportation, distribution, warehousing, logistics,
and supply chain- related products. Reliance
Logistics is an asset-based company with its own
fleet and infrastructure. It provides logistics services
to Reliance group subsidiaries and outside
₹ Merged content from Reliance Logistics to here.

 Reliance Clinical Research Services (RCRS )

It is a contract research organization (CRO) and a wholly-
owned subsidiary of Reliance Life Science, specializes in
the clinical research services industry. Its clients are
primarily pharmaceutical, biotechnology, and medical
device companies

 Reliance Solar
The solar energy subsidiary of Reliance was established toproduce
and retail solar energy systems primarily to remoteand rural areas.
It offers a range of products based on solarenergy, solar lantern,
home lighting systems, street lighting systems, water purification systems,
refrigeration systems, and solar air condition
 Network 18
In the mass media company, it has interests in
television, digital platforms, publication, mobile apps,
and films. It also operates two joint ventures namely
Viacom 18 and History TV18 with Viacom and A+E
Network respectively. It also has acquired ETV
Network and since renamed its channels under the
Colors TV brand.

 Relicord
This is a subsidiary for cord blood banking service which is owned by Reliance Life science. It was
established in 2002 and has been inspected and accredited by AABB and also has been accorded a
license by the Food and Drug Administration (FDA) Government of India.

 Reliance Jio Infocomm Limited (RJIL)

Previously known as Infotel Broadband, is a broadband service provider

which gained 4G licenses for operating across India.

 Reliance Industrial Infrastructure Limited (RIIL)

It is an associate company of Reliance Industries. It holds 45.43%
of the total shares of Reliance Industries. It mainly engages in the
business of setting up and operating industrial infrastructure. The
company is also engaged in related activities involving leasing and
providing services connected with computer software and data
processing.
The company set up a 200-millimeter diameter twin pipeline system
that connects the Bharat petroleum refinery at Mahul, Maharashtra.
The infrastructure company constructed a 71,000-
kilolitre petrochemical product storage and distribution terminal at the Jawaharlal Nehru Port Trust
(JNPT) Area in Maharashtra.
  Reliance Eros Productions LLP
Has a joint venture with Eros International to
produce film content in India.

 LYF

It is a well-known 4G enabled Volte device brand from Reliance Retail. It

is one of a Jio reliance subsidiaries, the consumer electronics arm of
Reliance Industries Limited.

MANAGEMENT - RELIANCE INDUSTRIES

Name Designation
Mukesh D Ambani Chairman & Managing Director

Pawan Kumar Kapil Executive Director

Hital R Meswani Executive Director

Yogendra P Trivedi Non Executive Director

Raghunath A Mashelkar Non Executive Director

Raminder Singh Gujral Non Executive Director

Arundhati Bhattacharya Non Executive Director

P M S Prasad Executive Director

Nikhil R Meswani Executive Director

Nita M Ambani Non Executive Director

Dipak C Jain Non Executive Director

Adil Zainulbhai Non Executive Director

Shumeet Banerji Non Executive Director

K V Chowdary Non Executive Director