
OVERVIEW
Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra. Founded by Dhirubhai Ambani in 1958 as a small venture trading commodities, it has grown to become India's largest and most profitable private sector company, and a Fortune 500® company. It is currently led by Mukesh Dhirubhai Ambani, son of the founder, who serves as Chairman and Managing Director.
Core Businesses and Operations:
Reliance operates across a diverse range of sectors, demonstrating a strategy of backward integration and diversification. Its key business segments include:
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Energy and Petrochemicals (Oil to Chemicals - O2C): This is a foundational segment, involving hydrocarbon exploration and production, petroleum refining and marketing, and the manufacturing of a vast array of petrochemical products like polymers, polyesters, and advanced materials. Reliance operates the world's largest integrated, single-location refining complex at Jamnagar, Gujarat. The company is actively pursuing an Oil-to-Chemicals (O2C) strategy to transition towards sustainable derivatives and new materials.
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Retail (Reliance Retail): Since its inception in 2006, Reliance Retail has revolutionized the Indian retail landscape. It is India's largest retailer with an omni-channel presence, operating neighborhood stores, supermarkets, hypermarkets, wholesale cash & carry stores, specialty stores, and online platforms. It aims to democratize access to products and services across all segments for Indian consumers.
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Digital Services (Jio Platforms): Jio has spearheaded a digital revolution in India by democratizing access to digital services. It has built an advanced platform connecting millions of people and aims to transform India into a digital-first society with its 4G broadband services and a wide range of digital offerings.
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New Energy: Reliance is committed to an ambitious net-zero carbon target by 2035. To achieve this, it is building a comprehensive ecosystem for New Energy and New Materials in India, focusing on reliable, clean, and affordable energy solutions including hydrogen, wind, solar, fuel cells, and batteries.
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Media & Entertainment: This segment spans content creation and distribution across various platforms, delivering Indian and global content to audiences across the country.
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Other Segments: Reliance also has interests in textiles, special economic zone (SEZ) development, and more.