Reliance Industries Limited (RIL)

 

🏢 About Reliance Industries Limited (RIL)

It is an Indian multinational conglomerate headquartered in Mumbai, Maharashtra, India.

Founded in 1958 by Dhirubhai Ambani as "Reliance Commercial Corporation"; later the name and scope of business expanded.

Business Areas

Energy and Oil & Gas Exploration & Production

Petrochemicals (Polymers, Polyesters, Advanced Materials)

Oil Refining (World's Largest Single-Axis Refinery – Jamnagar)

Retail (Reliance Retail, Digital & Physical Retail Platform)
Digital Services (Jio Platforms: Telecom, Content, Internet)

Media and Entertainment (Viacom18, Network18 etc.)

Investments in other sectors like textiles and life sciences.
Financial and Corporate Information

Net Income as of March 31, 2025: Approximately ₹81309 crore (~US$9.94 billion).
India's largest public company by market value and revenue, and among the world's largest conglomerates.
Number of employees in 2024: approximately 347,362 people.

Leadership and Ownership

Chairman and MD: Mukesh Ambani.

After the death of Dhirubhai Ambani (2002), the company was split into branches; Mukesh Ambani took over the leadership of RIL.

Major shareholders: Kokilaben Ambani (about 0.24% share) and Mukesh-Nita couple and their close associates have a share.

Controversy and Criticism

Political corruption, financial manipulation, monitoring and exploitation of customers and natural resources—the organization and its leadership have been at the center of controversy at various times.
Future Plans and Progress

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