COMPANY DETAILS:

COMPANY NAME : RELIANCE INDUSTRIES LIMITED

TYPE : PUBLIC

TRADED AS : BSE: 
NSE: 
NYSE: 
BSE SENSEX CONSTITUENT

INDUSTRY : Transport, Aviation Fuel, Auto LPG, Fleet

Management

- Services, Highway Hospitality Services,

Convenience store, Foods, Lubricants.

FOUNDED : 1958

FOUNDER : DHIRAJLAL HIRACHAND AMBANI

HEADQUARTERS : MUMBAI (MAHARSHTRA)

AREA SERVED : INDIA

 1. INTRODUCTION

India's largest private sector company, Reliance Industries has evolved from being a textiles and polyester
company to an integrated player across energy petrochemicals, textiles, natural resources, retails and
telecommunications and operates world-class manufacturing facilities across the country. Reliance's
products and services portfolio touches almost all needs of people on a daily basis, across economic and
social spectrums.

Reliance Industries Limited is headquartered in Mumbai and is growing under the leadership of Mukesh
Ambani, the son of late Dhirubhai Ambani and elder brother of Anil Ambani after the division of the family
business among the two brothers.

Reliance Group is a conglomerate holding company in India that has a wide portfolio of business and is the
highest taxpayer in the Indian Private Sector. It accounts for over 5% of the Indian Government's revenues and
almost 8% of the total merchandise exports from India. RIL was the first Indian company to breach $100 billion
market capitalization in 2007 and 2019 it has become the first Indian firm to cross Rs 9 lakh crore market
valuation marks. The company has ranked 106th on the Fortune Global 500 list of the world's biggest
corporations as of 2019.

Today, Reliance Group is touching the sky of success under the excellent guidance of Mukesh D. Ambani. He has
been the part of Reliance Board since 1977. He has begun the backward integration journey of Reliance – from
textiles to polyester fibers and further into petrochemicals and petroleum refining and going upstream into oil and
gas exploration and production. Mukesh Ambani has introduced numerous top -class manufacturing facilities
backed by modern technologies; these have raised Reliance's petrochemicals manufacturing capacities. Mukesh
is armed with a graduation degree in Chemical Engineering from the Institute of Chemical Technology and
an MBA from Stanford University in the US.

Nita Ambani The only woman in the top set, Mukesh Ambani's wife Nita Ambani is on the Board of Reliance
Industries Limited. Presently, she is the Founder & Chairperson of Dhirubhai Ambani International School and
providing leadership to 14 schools that educate 16,000 students every year.  She is the leading lady of Mumbai
Indians cricket franchise. Besides, Nita plays a larger role in RIL than is widely perceived.

She was in the focus in 2010, while buying East India Hotels. Nita has also been actively involved in the retail
operations of the group. In academics, Nita Ambani is a Commerce Graduate from Mumbai University and
a Diploma Holder in Early Childhood Education.

In board of directors, the company has Hital R. Meswani, Nikhil R. Meswani, P.M.S. Prasad, P.K. Kapil, R.A.
Mashelkar, Adil Zainulbhai, Dipak C. Jain, Yogendra P. Trivedi, Raminder S. Gujral, Shumeet Banerji,
Arundhati Bhattacharya, and K. V. Chowdary.

2. LITERATURE REVIEW
 COMPANY PROFILE
 Reliance Commercial Corporation was set up in 1958 by Dhirubhai ambani as a small venture
firm trading commodities, especially spices and polyester yarn. In 1965, the partnership ended
and Dhirubhai continued the Polyster business of the firm. In 1966, Reliance Textile Industries
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
years.
  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.

 Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai.

Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass
media, and textiles. Reliance is the largest public company in India by market capitalisation and
revenue, and the 100th largest company worldwide. It is India's largest private tax payer and
largest exporter, accounting for 7% of India's total merchandise exports. The company has
relatively little free cash flow and high corporate debt. The company has attracted controversy
for reports of political corruption, cronyism, fraud, financial manipulation, and exploitation of
its customers, Indian citizens, and natural resources. The chairman of Reliance Industries,
Mukesh Ambani, has been described as a plutocrat.

 HISTORY

The foundation of Reliance Group was taken by Shri Dhirubhai Ambani in 1966 as a small textile manufacturer
unit. It was incorporated in 1973 and conformed its name as Reliance Industries in 1985. Over the years, the
company has amazingly transformed the business from the manufacturing of textile products into a petrochemical
filed.

In the year 1979, it has set up texturizing facilities and Polyester Staple Fiber in 1986, Linear Alkyl Benzene
and Purified Terephthalic Acid in 1988 and Hazira Petrochemical plant in 1991-92.

In 1993, Reliance turned to overseas capital markets for funds through a global depositary issue of Reliance
Petroleum in 1996.

During 1995-96, the company took the initiative to create its market in the telecom industry and started with a
joint venture with NYNEX, USA. This deal makes Reliance as the first corporate in Asia to issue bonds in the US
at the year of 1996-97.

In the next years, the company took another big step and introduced packaged LPG in 15 kg cylinders under the
brand name Reliance Gas. In 1998–2000, the construction of the largest refinery of the world, the integrated
petrochemical complex at Jamnagar started in Gujarat.

In the year 2001, the company saw its golden moment when Reliance Industries Ltd and Reliance Petroleum Ltd.
became India's two largest companies with different financial parameters. Later in the same year, Reliance
Petroleum was merged with Reliance Industries.

Following years, RIL earned another milestone after announcing the biggest gas discovery of the country at
the Krishna Godavari basin. It was first ever discovery by an Indian private sector company and one of the
largest gas discoveries in the world during 2002.

Within a year, Reliance bought a majority stake in India's second-largest petrochemical company, Indian
Petrochemicals Corporation Ltd. In 2008, PCL was merged with RIL.

In the year 2005, the company demerged its investments in power generation and distribution, financial services
and telecommunication services into four separate entities. Next year, it introduced 'Reliance Fresh'(retail store
format) entered the organized retail market in India.

In 2010, Reliance acquired Infotel Broadband Services Limited to enter the broadband services market. In the
same year, it did a partnership with BP in the oil and gas business. In 2017, RIL set up the Butyl rubber plant in
Jamnagar, Gujarat by doing a joint venture with Sibur, a Russian Company.

 PURPOSE
 RELIANCE INSTITUTE OF LIFE SCIENCE
A famous educational institution, Reliance Institute of Life Science offers higher learning in different
domains of life sciences and related technologies. It was established by the Dhirubhai Ambani
Foundation and now has become a pioneer in offering graduate, post-graduate, doctoral, research and
many other education programs.

RELIANCE JIO INFOCOMM LIMITED

Reliance Jio Infocomm Limited is an important part of Reliance Group; it is a broadband service
provider. This is the sixth-largest mobile network operator in the whole world with over 306 million
subscribers. Earlier the company was known as Infotel Broadband.

RELIANCE LOGISTICS
Reliance Logistics is an important win of Reliance Group; it is involved in the selling of products related
to distribution, warehousing, supply chain, logistics, and transportation. It is an asset-based
company with its infrastructure and fleet. It offers supply for logistics to the RIL and also other third
party companies.

RELIANCE CLINICAL RESEARCH SERVICES

Reliance Clinical Research is a contract research organization and
specialized in the clinical research services industry. This is a wholly-owned subsidiary of Reliance Life Sciences.

RELIANCE SOLAR
Reliance Solar deals in solar energy; it produces and sells solar energy systems to remote and rural
areas. It presents a wide variety of products like solar lanterns, home lighting solutions, street light
systems, water purifying system and many other products based on solar energy.
RELIANCE INDUSTRIAL INFRASTRUCTURE LIMITED

RELIANCE INDUSTRIAL INFRASTRUCTURE LIMITED

Reliance Industrial Infrastructure holds about 45.43 percent shares of Reliance Group. It is mainly
involved in establishing and operating industrial infrastructure. RII also works for leashing and
providing services in data processing and computer software.
LYF

LYF
LYF is an Indian mobile handset company; it manufactures 4G-enabled VoLTE smartphones.  This is
the subsidiary of Reliance Retails and runs with the parent company's flagship venture, Jip. As per the
data of Counterpoint Research, LYF has become the fifth-largest smartphone player and the second
largest LTE phone supplier in the country.
NETWORK 18

NETWORK 18
A renowned mass media company, Network 18 is also the subsidiary of Reliance Group. It has
diversified activities in different segments like digital platforms, films, mobiles and also television. It
has acquired the ETV network and also has some joint ventures namely History TV18, Viacom 18.
RELIANCE EROS PRODUCTIONS LLP

RELIANCE EROS PRODUCTIONS LLP

Reliance Group has touched all segments of business, and the film industry is not an exception. Reliance
Eros Productions is involved in producing file content in India. This is a jointed venture with Eros
International.
PHILOSOPHY
Growth is Energy – Growth is Value – Growth is Happiness – Growth is Life.
Reliance Group is focused on positively touching the lives of people. Further, the company believes in
inclusive growth as a universal concept and conducts its business following the same.
MISSION
 The mission of the Reliance Group is to continue to flourish as a responsible organization and enrich
the lives of those around it. It will also work to undertake social initiatives in education, social
security, healthcare, skill enhancement, and community infrastructure.

 SCOPE
 Reliance Industries Ltd (RIL), the country’s most valuable company, on Monday set the tone for the future during its
45th annual general meeting, saying it would aim to double its market value by 2027, the year the company
celebrates its golden jubilee.
 The company will invest Rs 2 trillion in the roll-out of a standalone 5G network, Rs 75,000 crore in expanding its
O2C (oil-to-chemicals) capacities across value chains, and Rs 75,000 crore in new energy as announced last year,
RIL Chairman and Managing Director Mukesh Ambani said at the shareholders’ meeting today.
 Outlining the company’s plans, Mukesh Ambani said the momentum would be driven by sustained investment in
new and existing businesses, including 5G, new energy, oil-to-chemicals (O2C), retail, and fast-moving consumer
goods (FMCG).

 PROJECT SUMMERY
 The largest retail store network of India, Reliance Retails holds several cutting edge brands like
Reliance Fresh, Reliance Wellness, Reliance Time Out, Reliance iStore, Reliance Market, Reliance
Trends, Reliance Jewel, and many more. In the year 2013, it has over 1466 stores.
 It deals in medical, plant and industrial biotechnology opportunities. The specialty areas of this
segment include making, marketing and branding the products of RIL in pharmaceuticals, clinical
researches, molecular medicine, biofuels, industrial biotechnology, and few others.

 A great initative by Reliance Industries, Relicord is working to bring advancement in the
biotechnological industry. It is licensed by the Food and Drug Administration, Government of India.
Relicord is the first to have a registered cord blood bank and repository in the entire region of Southeast
Asia.

3. OBJECTIVES
4. GRAPHICAL REPRESENTATION OF
COMPANY HISTORY/ANALYSIS
 5. COMPANY FUTURE PLANS

Reliance Industries said it expects the green power segment to emerge as a growth engine for the company and is
set to double new energy investment commitments.

"Reliance plans to accelerate its committed Rs 75,000 crore investment in fully integrated New Energy
manufacturing ecosystem at Jamnagar as it aims to establish 20 GW of solar energy generation capacity by 2025
for captive needs of round-the-clock (RTC) power and intermittent energy for Green Hydrogen.," billionaire
Mukesh Amabani, who is pivoting Reliance Industries Ltd. (RIL) towards green energy, said at the
conglomerate’s 45th Annual General Meeting (AGM) on August 29. The previously announced Dhirubhai
Ambani Green Energy Giga Complex is coming up over a 5,000-acre facility in Jamnagar, with an aim to
establish and enable at least 100GW of solar energy by 2030, Ambani said.

“We have a 15-year vision to build Reliance as one of the world's leading New Energy and New Materials company.

The New Energy business based on the principle of Carbon Recycle and Circular Economy is a multi-trillion opportunity for India and the
world.

It is also an opportunity to make clean and green energy abundantly available at an affordable price to every Indian, every Indian enterprise,
and every Indian utility.

More than a business, this is our seva to save Planet Earth from the ravages of climate change.”

 Reliance Industries Ltd (RIL) is the only diversified Indian enterprise with 3 major growth engines in one
single corporate entity : Oil-to-chemicals division Reliance Jio Reliance Retail All 3 have done
exceedingly well in the past years. Lets see the key highlights of the AGM 2019 announced by the
Chairman and Managing director of Reliance Industries Ltd Mr.Mukesh Ambani.
 6. CONCLUSION
 Reliance industries have a great future ahead. They are expanding their business and doing partnership
with the top companies like amazon, Facebook etc. So ,if you are thinking about doing investment in
reliance then you are going in a perfect direction . You can buy preipo share of reliance retail from
planify, gurugram. I recently bought some shares from them and find their service very good.
 Growth through Commitments. We care about: Quality; Research & Development; Health, Safety &
Environment; Human Resource Development; Energy Conservation; Corporate Citizenship. Reliance
believes that any business conduct can be ethical only when it rests on the nine core values of Honesty,
Integrity, Respect, Fairness, Purposefulness, Trust, Responsibility, Citizenship and Caring. The essence
of these commitments is that each employee conducts the company's business with integrity, in
compliance with applicable laws, and in a manner that excludes considerations of personal advantage.
 We do not lose sight of these values under any circumstances, regardless of the goals we have to achieve.
To us, the means are as important as the ends.

Stamp released in 2002 to honor company founder

 SUGGESTIONS

7. REFFERENCE

Further Reference
 Alperowicz, Natasha, "Reliance Enters Biopharmaceuticals," Chemical Week, February 1, 2006, p. 32.
 ------, "Reliance Industries: Chasing the Energy Majors," Chemical Week, May 3, 2006, p. 17.
 ------, "Reliance on Course to Double in Size," Chemical Week, December 18, 1996, p. 39.
 Chakravarty, Subrata N., "A Lot of American Companies Are Like Taxis," Forbes, September 22, 1986, p. 100.
 Elliott, John, "Breaking Up Is Hard to Do: Reliance," Fortune International, June 13, 2005, p. 14.
 ------, "Here Comes the Son," Fortune International, November 25, 2002, p. 34.
 Helman, Christopher, and Naazneen Karmali, "The Mogul of Mumbai," Forbes, May 8, 2006.
 "India's Reliance," Business Week, June 25, 2001, p. 20.
 Mazumdar, Sudip, "Trouble in the Family," Newsweek International, December 27, 2004, p. 59.
 Pitta, Julie, "Like Father, Like Son," World Trade, April 2003, p. 38.
 Shah, Jigar, "The Reliance Road to Succession," Asiamoney, February 2003, p. SS26.
 Tattum, Lyn, "Growth Is Life," Chemical Week, September 25, 2002, p. S3.

Read more: https://www.referenceforbusiness.com/history2/78/Reliance-Industries-Ltd.html#ixzz81Pq7AfcJ
 The largest retail store network of India, Reliance Retails holds several cutting edge brands like
Reliance Fresh, Reliance Wellness, Reliance Time Out, Reliance iStore, Reliance Market, Reliance
Trends, Reliance Jewel, and many more. In the year 2013, it has over 1466 stores.

It deals in medical, plant and industrial biotechnology opportunities. The specialty areas of this segment
include making, marketing and branding the products of RIL in pharmaceuticals, clinical researches, molecular
medicine, biofuels, industrial biotechnology, and few others.

A great initative by Reliance Industries, Relicord is working to bring advancement in the biotechnological
industry. It is licensed by the Food and Drug Administration, Government of India. Relicord is the first to have a
registered cord blood bank and repository in the entire region of Southeast Asia.