Reliance Industries Limited (RIL)

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Reliance Industries Limited (RIL)

  • Owns the world’s largest refining hub with a capacity of 1.24 mbpd
  • Operates across upstream and downstream
  • Consolidated turnover of Rs 4,30,731crore (US$ 66.83 billion) in FY18
  • Reliance Petroleum has a network of more than 1,300 fuel retail outlets spread across the country

Reliance Industries Limited 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. 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.

Company Website: http://www.ril.com

Reliance Industries Limited (RIL) – Growth is life

2018 Became the first Indian company to surpass Rs 8 lakh crore (US$ 122.85 billion) in market capitalisation
2016 Launched Reliance Jio
2010 Forays into the broadband sector with acquisition of Infotel Broadband Services
Announces partnership with Bharat Petroleum, thus entering the oil and gas business
2006 Entered the retail market with the launch of 'Reliance Fresh'
2005-06 Identified itself in four major businesses: Power generation, Power distribution, Financial Services and Telecommunications
2002 Discovered gas in the Krishna-Godavari basin; the first discovery by a private player
1998-99 Introduced packaged LPG gas cylinders
1995-96 Enters into the telecommunications industry in a Joint Venture (JV) with NYNEX, USA
1996 Became the first private company in the country to be rated by international credit rating agencies
1985 Renamed as Reliance Industries Limited
1977 Reliance Textile Industries launches Initial Public Offering (IPO)
1966 Started as a small textile manufacturer by Mr Dhirubai Ambani

 

Updated: October, 2018

Oil And Gas
India is the second largest oil refiner in Asia as of September 2018.