Reliance Industry Sm Project

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  • Topic: Reliance Industries, Dhirubhai Ambani, Mukesh Ambani
  • Pages : 11 (2488 words )
  • Download(s) : 325
  • Published : October 6, 2012
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Introduction

The Reliance Industries India group is India's largest private sector conglomerate. The Reliance Industries Limited was started by the legendary Late Dhirubhai H. Ambani
After a humble start in the late 1970’s as a textile company its success skyrocketed and now covers almost all industry verticals. Today, Reliance Industries generates revenues in excess of USD22 billion and exports products worth USD 7 billion to more than 100 countries. The Reliance Industries Limited is a ‘Fortune Global 500 company’ and employs more than 25,000 professionals across the world. Reliance enjoys leadership in polyester yarn & fiber produce and is among the top 5 players in the world in major petrochemical products. Reliance Industries Limited holds largest Oil & Gas exploration area in India and has achieved 74 % success rate in terms of discoveries. Reliance Industries India has been a pioneer in the equity culture and is highly respected for its corporate transparency, deep market penetration ability, innovations and above all for its ability to generate ‘products & services’ for all sections of the society. Its guardianship for India inc. stupendous growth has been felicitated with no. of awards in areas like quality, Energy Management, Health Safety & Environment, Exports and Retail and franchising. It also bagged ‘Golden peacock Award’ for Corporate Management in 2005-2006 and enjoys high corporate ranking in Fortune Global 500 Company.

History

From a humble textile company to Fortune 500 Company
The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India’s largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of US$ 28 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with Textiles in the late seventies, Reliance pursued a strategy of backward vertical integration- in polyester, fiber intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fiber producer in the world and among the top five toten producers in the world in major petrochemical products.  

Group Profile
Major Subsidiaries -

Reliance Petroleum Limited

Reliance Netherlands BV (including Trevira)

Reliance Retail Limited

Ranger Farms Private Limited

Retail Concepts and Services Private Limited

Reliance Retail Insurance Broking Limited

Reliance Dairy Foods Limited

Reliance Retail Finance Limited

Reliance Jamnagar Infrastructure Limited

Reliance Haryana SEZ Limited

Reliance Industrial Investment & Holdings Limited

Reliance Ventures Limited

Reliance Strategic Investments Limited

Reliance Exploration & Production - DMCC

Reliance Industries (Middle East) DMCC

Reliance Global Management Services (P) LimitedMajor Associates - •
Indian Petrochemicals Corporation Limited

Reliance Industrial Infrastructure Limited

 
Vision & Mission
Mukesh Ambani,
Chairman of Reliance Industries Ltd,
India’s largest private company laid down a road map for business transformation and value creation for the company at its 35th annual general meeting. This has been a truly transformational year at Reliance Industries (RIL).The successful commissioning of the KG-D6 oil and gas production fields and the safe start-up of the world-class, complex refinery in the Special Economic Zone at Jamnagar catapults RIL into the league of Integrated energy Companies globally. RIL is now among the ten largest Non-states owned refining companies and one of the largest deepwater oil and gas operators in the world. Through...
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