The Reliance Group,
founded by Dhirubhai H. Ambani (1932-2002), is India’s largest private sector
enterprise, with businesses in the energy and materials value chain. Group’s
annual revenues are in excess of US$ 66 billion. The flagship company, Reliance
Industries Limited, is a Fortune Global 500 company and is the largest private
sector company in India.
Backward vertical integration has been
the cornerstone of the evolution and growth of Reliance. Starting with textiles
in the late seventies, Reliance pursued a strategy of backward vertical
integration – in polyester, fibre intermediates, plastics, petrochemicals,
petroleum refining and oil and gas exploration and production – to be fully
integrated along the materials and energy value chain.
The Group’s activities span exploration
and production of oil and gas, petroleum refining and marketing, petrochemicals
(polyester, fibre intermediates, plastics and chemicals), textiles, retail,
infotel and special economic zones.
Reliance enjoys global leadership in
its businesses, being the largest polyester yarn and fibre producer in the
world and among the top five to ten producers in the world in major
Major Group Companies are Reliance
Industries Limited, including its subsidiaries and Reliance Industrial