Introduction
Reliance Industries Limited (RIL) is an Indian
multinational conglomerate company
headquartered in Mumbai, India.
Reliance industries is a Flagship company of
Reliance group founded by Dhirubhai Ambani
in the year 1966.
It is the largest private sector enterprise in
India, with businesses in the energy .
The largest polyester yarn and fibre producer in
the world.
Top five to ten producers in the world in major
petrochemical products.
Genesis
Dhirubhai Ambani, in full Dhirajlal Hirachand
Ambani, (born December 28, 1932, Chorwad,
Gujarat, British India—died July 6, 2002,
Mumbai, India), Indian industrialist who was
the founder of Reliance Industries, a giant
petrochemicals, communications, power, and
textiles conglomerate that was the biggest
exporter in India and the first privately owned
Indian company in the Fortune 500.
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Ambani was the third of five children born to a
village schoolteacher and his wife, and he grew
up in a family of modest means. At the age of
17, he migrated to the British colony of Aden to
join his brother. He started his career as a clerk
at A. Besse & Co., which in the 1950s was the
largest transcontinental trading firm east of
Suez. There he learned trading, accounting, and
other business skills. In 1958 Ambani returned
to India and settled in Bombay (now Mumbai).
Ambani began a business trading in spices in
the late 1950s, calling his nascent venture
Reliance Commercial Corporation.
He soon
expanded into other commodities, following a
strategy of offering higher-quality products and
accepting smaller profits than his competitors.
His business grew quickly. After deciding that
the corporation had gone as far as it could with
commodities, Ambani turned his attention to
synthetic textiles. He made his first foray into
backward integration with the opening of the
first Reliance textile mill in 1966. Continuing a
policy of backward integration and
diversification, he gradually shaped Reliance
into a petrochemicals behemoth and later
added plastics and power generation to the
company’s businesses.
In 1977 Ambani took Reliance public after
nationalized banks refused to finance him. His
agility in navigating a stodgy economy and
crippling government regulations and
bureaucracy led to allegations of political
manipulation, corruption, and engineered raids
on competitors, but investor confidence in
Reliance remained unshaken—owing in part to
the handsome dividends the company offered,
as well as the founder’s charisma and vision.
Ambani was credited with introducing the stock
market to the average investor in India, and
thousands attended the Reliance annual
general meetings, which were sometimes held
in a sports stadium, with many more watching
on television.
Product mix and
services
RIL has 123 subsidiary companies and 10
associate companies in the following fields:
Reliance Retail
Reliance Life Sciences
Exploration and Production
Petroleum Refining and Marketing
Reliance Petrochemicals
Reliance Jio Infocomm Limited (RJIL)
Network 18
Reliance Textiles
RIL is a conglomerate business which deals in
related and unrelated products.
1. Petroleum Refining
& Marketing
The Jamnagar manufacturing division is the
world's largest refining hub. The entire
refining complex was built in a record time at
globally competitive capital costs – in fact, at
costs much lower than comparable refineries
around the world. Its scale, design, flexibility,
level of automation and degree of integration
heralded the way refineries of the future
would be built. The speedy growth of the
complex lies at the heart of India's
transformation. It has transformed India from
being a net importer of petroleum products
to a net exporter, thereby ensuring the
nation's energy security.
With crude processing capacity of 1.24 million
Barrels Per Stream Day (BPSD), the Jamnagar
refinery is a trendsetter and has won several
awards, including the prestigious
'International Refiner Of The Year' award. It
also enjoys the distinction of housing some of
the world's largest units, such as the Fluidised
Catalytic Cracker (FCC), Coker, Alkylation,
Paraxylene, Polypropylene, Refinery offgas
(ROG) cracker and Petcoke gasification plants.
Fuels from Jamnagar refinery are exported to
several countries across the world. This
complex refinery is future ready and can
produce gasoline and diesel of any grade.
Reliance also has another refinery – the sixth
largest in the world – in the Special Economic
Zone at Jamnagar. This refinery has a capacity
for processing 580,000 BPD of crude.
2. Petrochemicals
Reliance is the largest producer of
petrochemicals in the country and amongst
the top ten in the world. With a unique
portfolio of B2B businesses spread across
polymer and polyester chains, Reliance
produces an extensive range of polymers
(PP,PE, PVC), elastomers (PBR, SBR, Butyl),
polyesters (PSF, PFY, IDY), aromatics (PX,
OX, BT, LAB), fibre-intermediates (PTA,
MEG, EO) and advanced materials
(composites). Reliance serves its global
customers through an extensive network of
offices, business partners and distributors
spread across the world.
It is our constant endeavour to harness the
power of chemistry and develop product
solutions and experiences for our
customers that enable them to develop a
range of applications – apparel, packaging,
agriculture, automotive, housing, industrial
and healthcare, among others. Our
customer-centric, comprehensive solutions
such as project identification, new product
design, product and market development,
raw material selection and testing – besides
a host of industry-specific solutions – have
helped us grow into a world leader for most
of our product categories.
Reliance is the world's largest integrated
producer of polyester fibre and yarn,
second-largest of paraxylene and among
the top ten for purified terephthalic acid,
mono-ethylene glycol and polypropylene.
The largest producer of synthetic
elastomers in India and have world’s largest
Refinery Off-Gas Cracker (ROGC) complex of
1.5 MMTPA ethylene capacity at Jamnagar
in Gujarat, India.
3. Textiles
The manufacturing division of reliance
Industries at Naroda houses one of the
largest and most modern textile complexes
in the world, an achievement recognised by
The World Bank. Vimal became not only a
flagship brand of Reliance, but also one of
the most trusted in brands the country. It is
also the first major retail chain in the
country. The most distinctive feature of the
Naroda complex is its sophisticated
infrastructure, which can support the
manufacturing of varied product groups –
each requiring different creative
techniques. The complex is well equipped
and houses all textile manufacturing
facilities. The textile division is a vertically
integrated plant consisting of
manufacturing, weaving and finishing of
both synthetic and worsted yarns. Fabrics of
various types - suiting, shirting, home
textiles, and automotive furnishing – are
manufactured here with world-class quality
and production standards.
Fabrics
With over 20,000 design-shade
combinations produced each year in light
wool, polyester wool & woolen, polyester
viscose, and polyester cotton fabrics under
the VIMAL brand, Reliance's strength lies in
constant and continuous research in both
products and designs.
Apparel
Reliance’s Vimal apparel range caters to the
taste of the modern Indian and sets the
tone for wardrobe collection in many
households – be it business formals or
casuals, sport, or after hours dressing. Vimal
regularly brings out stylish shirts, t-shirts,
trousers, cardigans, suits, jackets and
blazers, and linen wear to offer a truly
luxurious collection.
Auto Furnishing
Reliance has been a pioneer in the field of
branded upholstery and textiles since 1988.
It produces a variety of woven and knitted
fabrics with moisture control, fire retardant,
and anti-microbial properties, which are
popular among some of the leading
automotive and sportswear manufacturers.
4. Retail
Reliance Retail is the retail initiative of the
group and an epicentre of consumer facing
businesses. It has in a short time forged
strong and enduring bonds with millions of
consumers by providing them unlimited
choice, outstanding value proposition,
superior quality and unmatched experience
across all its retail stores.
Since its inception in 2006, Reliance Retail
has grown to cater to millions of customers,
and thousands of farmers and vendors.
Reliance Retail serves over 100,000
customers every hour, and has the
patronage of more than 117 million
registered customers. Our nationwide
network of retail outlets delivers a world-
class shopping environment and unmatched
customer experience powered by our state-
of-the-art technology and seamless supply-
chain infrastructure.
Reliance Retail has adopted a multi-prong
strategy and operates neighbourhood
stores, supermarkets, hypermarkets,
wholesale cash & carry stores, specialty
stores and online stores and has
democratized access to all types of products
and services across all segments for all
Indian consumers.
Reliance Retail has achieved the distinction
of being the largest retailer in the country.
Reliance Retail’s commitment to bettering
lives has been embodied in its pursuit to
make a difference on social socio-economic
issues in India. The initiative has brought
large number of farmers and small
producers to the forefront of the retail
revolution by partnering with them for
growth.
Deep insight into India’s economic, cultural
and consumption diversity drives Reliance
Retail’s vision in the retail universe. The
operating model is based on customer
centricity, while leveraging common centres
of excellence in technology, business
processes and supply chain. More
importantly, it has built a strong and
unwavering foundation through its
extraordinary people.
Reliance Retail has emerged as the partner
of choice for international brands and has
established exclusive partnerships with
many revered international brands such as
Armani Exchange, Burberry, Canali, Pottery
Barn, Diesel, Superdry, Hamleys,
Ermenegildo Zegna, Marks and Spencer,
Paul & Shark, Brooks Brothers, Steve
Madden, Grand Vision and many more.
Reliance Retail operates over 11,300 stores
pan India with ~26 million square feet of
retail space and is growing rapidly.
5. Jio
Jio Platforms Limited (Jio) is creating a
massive digital ecosystem for a billion
Indians with domain expertise across
business verticals in the platform company.
The platform company will not just provide
world-class fixed-mobile converged
connectivity, but also digital solutions
across business verticals and the customer
life cycle.
Jio has made investments in excess of
US$50 billion since inception to create the
largest and most advanced digital and
connectivity ecosystem in India, with a rich
bouquet of successful apps and platforms.
Jio’s services span across connectivity and
cloud, media, digital commerce, financial
services, gaming, education, healthcare,
agriculture, Government to Citizen (G2C),
smart cities and manufacturing.
Jio has created strong internal capabilities
across the following key digital
technologies: Infrastructure as a Service
(IaaS), Platform as a Service (PaaS), Big
Data, Augmented Reality/Virtual Reality
(AR/VR), Internet of Things (IoT),
Blockchain, Artificial Intelligence (AI),
Machine Learning (ML), edge computing,
speech/natural language, supercomputing,
computer vision, robotics and drones.
These capabilities will power the creation of
reimagined solutions for various
ecosystems.
Jio envisages a significant opportunity in
building a digital society for the citizens of
the country, which besides catalysing
productivity and overall economic growth
would also generate shareholder returns
over the next several decades. Jio is geared
up to touch the lives of over a billion
Indians.
Reliance Foundation
Reliance Industries Limited (RIL), through
Reliance Foundation, has significantly
contributed to and made measurable
progress toward its vision of an inclusive
India. Moving well beyond its business
activities, the RIL Group contributes to a
positive societal impact through diverse
community engagement initiatives.
Led by Smt. Nita M. Ambani, Reliance
Foundation was set up in 2010 to provide
impetus to various philanthropic initiatives
of RIL. The efforts of the group have already
touched the lives of more than 40 million
people across India in more than 43,000
villages and several urban locations.
The Foundation has a comprehensive
development approach. Its prime objective
is to create and support meaningful
activities through innovative institutions to
address some of India’s most pressing
developmental challenges. The Foundation
lays significant emphasis on leveraging
technology for developmental solutions.
Following its model of direct engagement,
the Foundation directly reaches out to the
affected communities through trained
professionals.
Over the years, Reliance Foundation’s
initiatives have continued to evolve, while
remaining responsive to the ever-changing
needs of society. The Foundation is
currently focusing on creating change in
areas of Rural Transformation, Health,
Education, Sports for Development,
Disaster Response, Arts, Culture & Heritage
and Urban Renewal.
To maximize its reach and improve
outcomes, Reliance Foundation has also
established strategic partnerships with
organizations that have the technical
expertise and experience to
undertake various programmes in the
identified focus areas
of operation.
Philosophy
Growth is Energy – Growth is Value –
Growth is Happiness – Growth is Life.
RIL aims to touch the lives of people in a
positive way. Further, Reliance believes in
inclusive growth as a universal concept and
conducts its business in accordance with
the same.
Mission
To continue to grow as a responsible
organization and enrich the lives of those
around it. Also, to continue undertaking
social initiatives in education, social
security, healthcare, skill enhancement, and
community infrastructure.