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Reliance's Founding Business Journey

The document provides information about Reliance Industries Limited (RIL), a large Indian conglomerate. It discusses the company's founding by Dhirubhai Ambani in the 1950s and its growth into a major petrochemicals producer. It highlights RIL's expansion into refining and petroleum production. More recently, it diversified successfully into retail and telecommunications but also had some failed projects like Reliance Fresh and Reliance Jewels stores that did not achieve scale. The document outlines RIL's current portfolio and status as a highly valuable multinational corporation.
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0% found this document useful (0 votes)
73 views12 pages

Reliance's Founding Business Journey

The document provides information about Reliance Industries Limited (RIL), a large Indian conglomerate. It discusses the company's founding by Dhirubhai Ambani in the 1950s and its growth into a major petrochemicals producer. It highlights RIL's expansion into refining and petroleum production. More recently, it diversified successfully into retail and telecommunications but also had some failed projects like Reliance Fresh and Reliance Jewels stores that did not achieve scale. The document outlines RIL's current portfolio and status as a highly valuable multinational corporation.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Tea Ceremony

PRESENTATION TEMPLATE

Reliance Industries Limited


Quotes for RIL
WHAT’S GOOD FOR INDIA  Founder Chairman
IS GOOD FOR RELIANCE Whatever action a great man performs, common men follow.
"Our dreams have to be bigger. And whatever standards he sets by exemplary acts, all the
Our ambitions higher. world pursues.
Our commitment deeper.
And our efforts greater. Bhagavad Gita 3:21
This is my dream for Reliance and for India."

- Dhirubhai Ambani
Quotes for RIL
WHAT’S GOOD FOR INDIA  Founder Chairman
IS GOOD FOR RELIANCE Whatever action a great man performs, common men follow.
"Our dreams have to be bigger. And whatever standards he sets by exemplary acts, all the
Our ambitions higher. world pursues.
Our commitment deeper.
And our efforts greater. Bhagavad Gita 3:21
This is my dream for Reliance and for India."

- Dhirubhai Ambani
About Mukesh Ambani
Mr. Mukesh D. Ambani is a Chemical Engineer from the Institute of Chemical Technology, Mumbai
He pursued an MBA from Stanford University in the US. He has been on the Board of Reliance since 1977.

He initiated Reliance’s backward integration journey –

from textiles to polyester fibers and


further onto petrochemicals and petroleum refining,
and going upstream into oil and gas exploration and production.

He created multiple new world-class manufacturing facilities involving diverse technologies that have raised Reliance’s
petrochemicals manufacturing capacities from less than a million tonnes to about 21 million tonnes per year.
About Mukesh Ambani
In the late nineties, Mr. Mukesh Ambani spearheaded the creation of the world’s largest grassroots petroleum
refinery at Jamnagar in Gujarat, India, with a capacity of 660,000 barrels per day (33 million tonnes a year), and
integrated it with petrochemicals, power generation, port and related infrastructure.

Reliance Retail is the largest organised retail player in India.

He has created global records in customer acquisition for Jio, Reliance’ digital services initiative.

He led and established one of the world’s most expansive 4G broadband wireless network offering end-to-end
solutions that address the entire value chain across various digital services in key domains of national interest, such
as education, healthcare, security, financial services, government-citizen interfaces, and entertainment.
History of RIL
Dhirubhai Ambani returns to India in 1957 after a stint with A. Besse & Co., Aden, Yemen. He starts a yarn
trading business from a small 500 sq. ft. office in Masjid Bunder, Mumbai, but dreams of establishing
India’s largest company.

WEALTH CREATION FOR ALL INDIANS


In 1977, Reliance Textile Industries’ IPO creates history by introducing the equity cult in India. The issue is
oversubscribed seven times, strengthening Reliance’s growth ambitions.

INTEGRATING BACKWARD RACING FORWARD


Reliance sets up a mill in Naroda, Gujarat, sparking off Reliance’s backward integration journey. Mukesh
Ambani leads the establishment of Reliance’s first mega manufacturing project at Patalganga in a record 18
months.

ENHANCING THE LIFESTYLE OF EVERY INDIAN


Reliance’s backward integration journey continues. The Hazira plant coming on stream in 1991 laid the
foundation for Reliance becoming the world’s largest integrated producer of polyester.
History of RIL
INDIA ARRIVES ON THE GLOBAL REFINING MAP
In 2000, Reliance commissions the world's largest grassroots refinery in a record 36 months: the Jamnagar
petrochemicals and integrated refinery complex. With the development of the associated green belt, the
desert surrounding Jamnagar becomes home to another man-made wonder – Asia’s largest mango orchard!

TRIGGERING A TELECOM REVOLUTION


In 2002, Reliance enters the Infocomm business and brings about a revolution in mobile telephony in India.
In 2005, Reliance makes a strategic decision to reorganise its businesses through a demerger. Power
generation and distribution, financial services and telecommunication services are demerged into separate
entities.

JOINING THE GLOBAL GIANTS CLUB


In 2004, Reliance emerges as the first and only private Indian organisation to be listed in the Fortune
Global 500 list. Reliance is also the first private sector company to be rated by international credit rating
agencies - including Moody's, Standard and Poor’s.

INVESTING IN THE ENERGY SECURITY OF INDIA


In 2009, Reliance commences production of hydrocarbons in its KGD6 block - against all odds - in just
over two years of its discovery, making it the world’s fastest green-field deepwater oil development project.
With this development, Reliance completes an unprecedented backward integration journey.
History of RIL
LARGEST RETAILER SERVING INDIA
Reliance Retail becomes the largest retailer by revenue in 2014, fulfilling the aspirations of millions across the country
and bringing international experiences at affordable prices to every corner of India.

INNOVATION-LED GROWTH CONTINUES


Reliance Jio Infocomm Ltd., ushers in a pan-India digital revolution through state-of-the-art wireless
broadband 4G services, promising to bridge the digital divide.

CREATING EXPONENTIAL VALUE


In 2019, Reliance becomes the first Indian company to cross ₹10 trillion market capitalisation. Chairman and Managing
Director Mr. Mukesh Ambani says, “In just four decades, Reliance has grown from a small startup to one of the largest,
most admired companies in the world." In 2020, Reliance ranks as the 48 th highest valued company in the world and ranks
96th on the Fortune Global 500 list.
Brands

• Polymers
• Chemicals
• Polyesters
• Refining and Marketing
• Petroleum Retail
• Reliance BP Mobility Limited
• Textiles Owned Brands
• Store and Service Concepts
• In-Store Brands
• Exclusive Partnerships
• Digital Services
Failed Projects
• Reliance Fresh- Bigbazzar , Central & Brand factory
• Reliance Jewels- Reliance Jewels have not impacted the domestic jewellery industry, which requires a
brand to remain dedicated for years
• Reliance Trends-Retailers such as Landmark Group's Max and hypermarkets such as Big Bazaar and More sell
value items in the mid-market
• Reliance Timeout-  Due to fierce competition from online shopping portals and a drop in client base,
Reliance TimeOut, a one-stop store for books, music, toys, and stationery has halted operations and
is forced to close down.
• Reliance Health insurance-Reliance Health Insurance, Reliance Capital's separate health insurance unit,
has been ordered by India's Insurance Regulatory and Development Authority (Irdai) to transfer its
entire portfolio to Reliance General Insurance and has been barred from selling new plans.
Reliance Health Insurance was reported to have a solvency margin of 106 per cent in the June quarter
(Q1FY20), significantly below the statutory threshold.
One hundred fifty per cent, according to Irdai. Since then, the solvency margin has fallen even more, to
77% in August and 63% in Q2FY20.
With effect from November 15, the regulator has also instructed Reliance Health Insurance, which
began operations in October 2018, to transfer all policyholder investments and its financial assets to
Reliance General.

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