Mukesh Ambani Reorients Reliance In An Uncertain World

Reliance Raised
Capital During The
Pandemic 

When Covid-19 hit, Mukesh
Ambani-led Reliance Industries Limited, which topped the BT500 List of India’s most valuable companies, spent a good part of the time raising investor money for its telecommunications and retail businesses 

Reliance: Investments
Raised 

Reliance managed to raise $20 billion for its digital services arm Jio Platforms, followed by another $6 billion for Reliance Retail Ventures

Prominent Names
Among Investors For RIL 

Investors in Reliance Industries included the likes of Facebook, Google, TPG, Silver Lake, KKR, Abu Dhabi Investment Authority (ADIA) and Saudi Arabia’s sovereign Public Investment Fund (PIF)

Reliance Industries: Diversified Portfolio

The conglomerate has diversified its portfolio and forayed into new businesses relevant to current times such as retail, renewable energy and telecom

Revenues Equally
Divided Between Old
And New

In 2014, more than 95 per cent of Reliance’s revenue came from older businesses. Currently, the company has pivoted and the revenues are equally divided between the old and new ventures

Reliance’s New
Venture: FMCG

Most recently, Mukesh Ambani announced the launch of a FMCG business at the annual general meeting. He highlighted its objective is to develop and deliver affordable products which solve every Indian’s daily needs

Reliance: Strong Store
And Digital Footprint

Reliance has its store footprint across categories such as grocery, electronics, fashion, pharma etc. They also have a strong presence in digital through e-commerce platforms like JioMart and Ajio

RIL To Invest In
Renewable Energy 

At the 2021 annual general meeting, Mukesh Ambani announced that RIL would invest $10 billion in renewable energy. This is a long-gestation foray and RIL’s balance sheet can easily fund this. RIL’s strategic advantage is that it has an integrated energy portfolio

RIL’s New Phase

With the old businesses of RIL bound to undergo transformation in a different world, they would have to be looked at differently. By any stretch, this has the makings of the most interesting and dramatic phase for RIL and at the helm of it all is Mukesh Ambani

Gautam Adani: The Man Paving Roads For Adani Group’s Expansion

BT500 Special Issue now on stands

Magazine Story By: Krishna Gopalan
Produced By: Anshula Raj
Designed By: Mohsin Shaikh

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