Reliance Industries Company List

Reliance Industries Limited (RIL) is a dominant force in India’s corporate landscape, with a diverse business portfolio that spans energy, telecommunications, retail, and more. Valued at over $200 billion in market capitalization as of 2023, RIL has consistently ranked among the top global companies. Under the visionary leadership of Chairman Mukesh Ambani, the company has transformed from a local textile business into an international powerhouse with a significant presence beyond India.

In this article, we’ll provide a detailed overview of Reliance Industries Company List, highlighting its key sectors, major business ventures, and the remarkable journey that turned a humble family enterprise into a global giant recognized across Asia and beyond.

History of Reliance Industries

Reliance Industries Limited (RIL) was founded in 1966 by Dhirubhai Ambani in Mumbai, India. Initially a small textile company, it quickly established itself as a key player in the synthetic fabric market. By the late 1970s, Reliance had already begun diversifying into petrochemicals—a pivotal move that would set the foundation for its transformation into one of India’s largest conglomerates.

In the 1980s, Reliance expanded into the refining sector, establishing its first refinery in Jamnagar, Gujarat. Today, this Jamnagar complex is the largest refining hub globally, with a processing capacity of over 1.24 million barrels per day. The 1990s marked further diversification as the company entered oil and gas exploration, retail, and telecommunications.

A defining moment came in 2016 with the launch of Reliance Jio, which revolutionized the Indian telecom industry by offering affordable 4G services. Within just six months, Jio gained over 100 million subscribers, setting a global record as the fastest-growing telecom company.

Under Mukesh Ambani’s leadership, RIL continues to expand into sectors like media, entertainment, and renewable energy. With annual revenues surpassing $100 billion and operations in over 60 countries, Reliance Industries has cemented its status as a global powerhouse, reshaping industries around the world.

Reliance Industries Company List

Reliance Industries Limited (RIL) oversees a diverse array of businesses across multiple sectors. Here is a detailed list of major companies and divisions under the RIL umbrella:

1. Reliance Petroleum

Reliance Petroleum plays a crucial role in RIL’s energy sector, focusing on refining and marketing petroleum products. Its flagship Jamnagar refinery, located in Gujarat, is the world’s largest, boasting a refining capacity of over 1.24 million barrels per day. This facility is pivotal to RIL’s operations, processing crude oil into a wide range of refined products for domestic and international markets.

• Worth: Part of RIL’s extensive refining and petrochemical assets.
• Founded: 1993 (as Reliance Petroleum).
• Acquired: Became part of RIL’s integrated energy operations.
• Founder and CEO: Dhirubhai Ambani (Founder); Mukesh Ambani (Current Chairman and CEO of RIL).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

2. Reliance Gas

Reliance Gas is engaged in the exploration, production, and distribution of natural gas and oil. The company operates both onshore and offshore projects in India, contributing significantly to the country’s energy supply. Reliance Gas is integral to RIL’s strategy to expand its footprint in the oil and gas sector.

• Worth: Integral to RIL’s oil and gas exploration and production segment.
• Founded: 2000 (as Reliance Natural Resources Limited, rebranded as Reliance Gas).
• Acquired: Developed as part of RIL’s energy expansion strategy.
• Founder and CEO: Dhirubhai Ambani (Founder); Mukesh Ambani (Current Chairman and CEO of RIL).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

3. Reliance Jio

Launched in 2016, Reliance Jio has transformed the Indian telecom industry with its innovative approach to affordable 4G services. It rapidly acquired over 100 million subscribers in just six months, making it one of the fastest-growing telecom networks globally. Jio’s impact extends beyond telecommunications, influencing digital services and data consumption trends across India.

• Worth: Valued at approximately $100 billion.
• Founded: 2016.
• Acquired: Operated as part of RIL’s digital services expansion.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Kiran Thomas (CEO).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

4. Jio Platforms

Jio Platforms acts as the digital and technological arm of RIL, encompassing a wide range of services from e-commerce to cloud computing. It includes ventures like JioTV, JioCinema, and JioCloud. With significant investments from global tech giants like Facebook and Google, Jio Platforms is a driving force behind RIL’s digital transformation strategy.

• Worth: Valued at approximately $75 billion.
• Founded: 2019.
• Acquired: Established as a subsidiary to manage RIL’s digital services.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Kiran Thomas (CEO).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

5. Reliance Retail

Reliance Retail is India’s largest retail chain, with a vast network spanning grocery, electronics, fashion, and lifestyle sectors. It operates several well-known brands, including Reliance Fresh (grocery), Reliance Digital (electronics), and AJIO (fashion). The company is a key player in the Indian retail market, continuously expanding its reach through physical stores and online platforms.

• Worth: Estimated at over $50 billion.
• Founded: 1999.
• Acquired: Developed as part of RIL’s retail expansion strategy.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Isha Ambani (Director).
• Proportion of Ownership Interest: Fully owned by Reliance Industries

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6. Reliance Brands

Reliance Brands manages and operates luxury and premium brands in India. It holds exclusive rights for international brands such as Armani, Burberry, and Jimmy Choo, bringing high-end fashion and accessories to the Indian market. This subsidiary focuses on curating and expanding the presence of global luxury brands in India.

• Worth: Significant contributor to RIL’s retail operations, though specific valuation is integrated within Reliance Retail.
• Founded: 2007.
• Acquired: Developed to manage premium and luxury brand partnerships.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Darshan Mehta (President).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

7. Network18

Network18 is a major media conglomerate under RIL, operating a broad spectrum of television channels and digital platforms. Key channels include CNBC-TV18 (business news), CNN-News18 (general news), and Colors Entertainment. Network18 plays a significant role in shaping media and entertainment consumption in India.

• Worth: estimated at over $1 billion.
• Founded: 1993.
• Acquired: Acquired by Reliance Industries in 2014.
• Founder and CEO: Raghav Bahl (Founder); Adil Zainulbhai (Chairman).
• Proportion of Ownership Interest: Majority owned by Reliance Industries.

8. Viacom18

A joint venture between RIL and ViacomCBS, Viacom18 manages a diverse portfolio of entertainment channels. It includes popular networks like MTV (music and youth), Nickelodeon (children’s programming), and VH1 (music and lifestyle). Viacom18 enhances RIL’s media presence with a broad range of content offerings.

• Worth: Estimated as a major player in the Indian media sector, valuation integrated within Network18.
• Founded: 2007 (as a joint venture between RIL and ViacomCBS).
• Acquired: Joint venture established.
• Founder and CEO: Mukesh Ambani (Founder); Sudhanshu Vats (CEO).
• Proportion of Ownership Interest: Jointly owned by Reliance Industries and ViacomCBS.

9. Reliance Infrastructure

Reliance Infrastructure is involved in large-scale infrastructure development projects, including power generation, transportation, and urban development. The company’s projects range from metro rail systems to airports, contributing to India’s infrastructure growth and modernization.

• Worth: Part of RIL’s infrastructure investments, integrated within the broader infrastructure division.
• Founded: 2002.
• Acquired: Developed as part of RIL’s infrastructure expansion.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Reliance Infrastructure has its own CEO, not directly listed.
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

10. Reliance Power

Reliance Power focuses on the generation of electricity from various sources, including thermal, hydro, and renewable energy. The company operates several power plants and is committed to expanding its renewable energy portfolio, supporting India’s energy needs with a mix of sustainable and conventional power sources.

• Worth: Part of RIL’s energy portfolio, with significant investments in power generation.
• Founded: 2007.
• Acquired: Part of RIL’s energy sector expansion.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Reliance Power has its own CEO.
• Proportion of Ownership Interest: Fully owned by Reliance Industries

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11. JioMart

JioMart is an innovative e-commerce platform offering grocery delivery services through a combination of online orders and local kirana stores. Launched to complement Reliance Retail, JioMart provides a seamless shopping experience and has quickly gained traction as a leading player in India’s e-commerce landscape.

• Worth: Emerging as a significant player in the Indian e-commerce space, integrated with Reliance Retail.
• Founded: 2020.
• Acquired: Launched as part of RIL’s digital retail strategy.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); Damodar Mall (CEO).
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

12. JioSaavn

JioSaavn is a popular music streaming service providing access to millions of songs across various languages and genres. As a major player in India’s digital entertainment sector, JioSaavn offers personalized music experiences and integrates with Jio’s other digital services to enhance user engagement.

• Worth: Key player in India’s music streaming market, integrated within Jio Platforms.
• Founded: 2007 (as Saavn); acquired by Reliance in 2018 and rebranded as JioSaavn.
• Acquired: acquired and rebranded by RIL.
• Founder and CEO: Rishi Malhotra (Co-founder); Prashan Agarwal (CEO).
• Proportion of Ownership Interest: Fully owned by Reliance Industries

13. Reliance New Energy Solar

Reliance New Energy Solar focuses on advancing solar energy technologies and green hydrogen initiatives. The company invests in large-scale solar projects and aims to contribute significantly to India’s renewable energy targets, supporting a transition to sustainable energy sources.

• Worth: Part of RIL’s growing renewable energy investments.
• Founded: 2020.
• Acquired: Established to focus on solar energy and green hydrogen.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); CEO details not separately listed.
• Proportion of Ownership Interest: Fully owned by Reliance Industries

14. Reliance Wind Energy

Reliance Wind Energy is dedicated to the development and operation of wind power projects. It complements RIL’s renewable energy strategy by harnessing wind energy to generate electricity, contributing to the company’s efforts to diversify its energy portfolio with sustainable solutions.

• Worth: Integral to RIL’s renewable energy portfolio, valuation integrated within broader renewable energy investments.
• Founded: 2010.
• Acquired: Developed as part of RIL’s renewable energy strategy.
• Founder and CEO: Mukesh Ambani (Founder and Chairman); CEO details not separately listed.
• Proportion of Ownership Interest: Fully owned by Reliance Industries.

Conclusion

Reliance Industries Limited (RIL) exemplifies the transformative impact of visionary leadership and strategic diversification. From its roots in petrochemicals and refining, RIL has expanded into retail, telecommunications, and renewable energy, showcasing its ability to adapt and thrive across various sectors. The company’s relentless pursuit of innovation and growth positions it as a major player not only in India but on the global stage. As RIL continues to drive advancements and shape industries, its influence will undoubtedly contribute to significant economic development and transformation in the years to come.

FAQ’s

1. Who is the current chairman of Reliance Industries?

The current chairman of Reliance Industries is Mukesh Ambani. He is the major shareholder of the company and the son of the founder, Dhirubhai Ambani.

2. What are the key sectors in which Reliance Industries operates?

Reliance Industries operates across several key sectors, including petrochemicals, oil and gas refining, retail, telecommunications, media and entertainment, and renewable energy.

3. What is the significance of Reliance Jio in the telecommunications sector?

Reliance Jio has revolutionized the telecommunications sector in India by offering affordable 4G LTE services. It provides high-speed broadband through JioFibre and a range of digital services, including JioTV, JioCinema, and JioCloud.

4. Where is Reliance Industries’ major refining complex located?

Reliance Industries’ major refining complex is located in Jamnagar, Gujarat. With a processing capacity of over 1.4 million barrels per day, it is the largest refining complex in the world.