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RELIANCE

Reliance Industries Ltd

Industry: Oil & Gas - Refining & Marketing

MarketCap: .... Rank : ...

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About Reliance Industries Ltd

Overview

Reliance Industries Ltd (RIL) is an Indian multinational conglomerate headquartered in Mumbai. It is the largest company in India by market capitalization and revenue, and the 100th largest company worldwide. RIL's businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles.

History

RIL was founded in 1966 by Dhirubhai Ambani. The company started out as a textile manufacturer, but it soon diversified into other businesses. In the 1990s, RIL began to focus on the energy sector, and it became one of the largest refiners and petrochemical producers in the world. In the 2000s, RIL expanded into the retail, telecommunications, and media sectors.

How it operates

RIL operates through a number of subsidiaries and joint ventures. Its main operating divisions are:

  • Refining and Petrochemicals: RIL is the largest refiner and petrochemical producer in India. It has a refining capacity of over 600,000 barrels per day, and it produces a wide range of petrochemical products.
  • Natural Gas: RIL is one of the largest producers of natural gas in India. It has a gas production capacity of over 20 billion cubic feet per day.
  • Retail: RIL is the largest retailer in India. It operates a chain of supermarkets, convenience stores, and specialty stores.
  • Telecommunications: RIL is the largest telecommunications operator in India. It operates a mobile network under the Jio brand.
  • Mass Media: RIL owns a number of media assets, including the television network Zee TV and the newspaper The Economic Times.
  • Textiles: RIL is a leading manufacturer of textiles in India. It produces a wide range of textiles, including fabrics, garments, and home textiles.
  • The future

    RIL is well-positioned for future growth. It has a strong track record of diversification, and it is investing in new growth areas, such as renewable energy and digital services. RIL is also a major player in the global energy market, and it is well-positioned to benefit from the growth of the Indian economy.

    Conclusion

    Reliance Industries Ltd is a leading Indian conglomerate with a strong track record of growth. The company is well-positioned for future growth, and it is a major player in the global energy market.

    Official website

    Reliance Industries Ltd: https://www.ril.com/

    Milestones

  • 1966: Dhirubhai Ambani founds Reliance Industries Ltd.
  • 1977: RIL commissions its first refinery in Jamnagar.
  • 1991: RIL enters the petrochemicals business.
  • 2004: RIL launches its retail business.
  • 2016: RIL launches its 4G LTE mobile network under the Jio brand.
  • Additional information and interesting facts

  • RIL is the largest private sector employer in India, with over 250,000 employees.
  • RIL is the largest taxpayer in India, contributing over ₹200 billion (US$2.6 billion) in taxes in 2021-22.
  • RIL is the most valuable company in India, with a market capitalization of over ₹18 trillion (US$230 billion) as of March 2023.
  • RIL is the 100th largest company in the world, according to the Fortune Global 500 list.
  • Brands and companies

    Some of the brands and companies owned by Reliance Industries Ltd include:

  • Jio: A 4G LTE mobile network
  • Reliance Retail: A chain of supermarkets, convenience stores, and specialty stores
  • Reliance Petroleum: A refinery and petrochemicals company
  • Reliance Natural Resources: A natural gas company
  • Reliance Power: An electricity generation company
  • Reliance Communications: A telecommunications company
  • Zee TV: A television network
  • The Economic Times: A newspaper
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    Reliance Industries Ltd Fundamental Analysis

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