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Reliance Industries Limited (RIL)

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Reliance Industries Limited (RIL)

  • Owns the world’s largest refining hub with a capacity of 1.4 million barrels per day (mmbpd)
  • Operates across upstream and downstream
  • Segment revenue from oil & gas stood at Rs. 2,140 crore (US$ 288.47 million) in FY21
  • 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 include production and marketing operations of the petroleum products. The Petrochemicals segment include 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 include exploration, development and production of crude oil and natural gas. The organized retail segment includes organized retail business in India. The ‘others’ segment include textile, special economic zone (SEZ) development, telecom or broadband business and media.

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Reliance Industries Limited (RIL) – Growth is life


In April 2021, Reliance Industries Limited (RIL) and BP announced the start of production at the Satellite Cluster gas field in block KG D6 (off the Eastern coast of India).

In February 2021, Reliance Industries increased its stake in US-based technology company skyTran to 54.46%, making it the fourth investment since 2018

On July 10, 2020, Reliance Industries and BP India formed a new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML), to provide consumers with advanced fuels with lower emissions, electric vehicle charging and other low carbon solutions.

Reliance Industries acquired the retail & wholesale business and the logistics & warehousing business of Future Group worth Rs. 24,713 crore (US$ 3,400 billion).

Became the first Indian company to cross Rs. 10 lakh crore (US$ 143 billion) in market capitalization

Aramco planned to invest Rs. 1.04 lakh crore (US$ 15 billion) in Reliance Industries Limited

2018 Became the first Indian company to surpass Rs 8 lakh crore (US$ 122.85 billion) in market capitalisation and crosses 300 million customer mark
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


Oil And Gas
The Oil and Gas industry is expected to attract US$ 25 billion investment in exploration and production by 2022.