Reliance Industries is the conglomerate owned by Mukesh Ambani which is engaged in businesses across India in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
Reliance Industries is a Fortune 500 company and the largest private sector corporation in India. The Reliance Industries stock is listed on both BSE and NSE. It is also listed on the London Stock Exchange. The company was founded by Mukesh Ambani's father Dhirubhai Ambani in 1966.
The company was incorporated on May 8, 1973 and is based in Mumbai.
The company's segments include refining, petrochemicals, oil and gas, organized retail and others.
The refining segment includes production and marketing operations of the petroleum products. The petrochemicals segment includes production and marketing operations of petrochemical products, including polyethylene, polypropylene, polyvinyl chloride, poly butadiene rubber, butadiene, acrylonitrile, caustic soda and polyethylene terephthalate.
The oil and gas segment includes exploration, development and production of crude oil and natural gas. The organized retail segment includes organized retail business in India.
The others segment includes textile, Special Economic Zone (SEZ) development, telecom or broadband business and media.
The company also owns world's largest petroleum refinery-cum petrochemicals complex in Jamnagar that produces a wide range of products such as gasoline, superior kerosene oil and liquefied petroleum gas. Reliance Industries is engaged in refining, including manufacturing of refined petroleum products, and petrochemicals, including manufacturing of basic chemicals, fertilizers and nitrogen compounds, plastic and synthetic rubber in primary forms.
It has famous retail owned brands such as Reliance Fresh, Reliance Smart, Reliance Digital, Ji Digital Life, Ajio.Com, and Reliance Footprint among others.
Reliance Industries has also formed partnerships with global brands via subsidiary Reliance Retail.
Some of these global brands are luxury brand Bally, beauty and colour cosmetic brand Flormar, Italian denim Brand GAS, British Lifestyle brand Marks and Spencer, British brand Superdry, Japanese Lifestyle brand Muji and Italian lifestyle brand Diesel among others.
Reliance Industries in-store brands include Avaasa, DNMX, Netplay, Performax, Point Cove, TeamSpirit, LYF smartphone, Best Farms, Reconnect and Good Life among others.
Reliance Industries also owns Reliance Foundation which carries out various philanthropic initiatives of the conglomerate . Reliance Foundation was formed in 2010 and is headed by Nita M Ambani.