Reliance Industries

About Reliance Industries

Reliance Industries is an Indian Conglomerate Holding Company. The Company Was Co-Founded By Dhirubhai Ambani And His Brother Ramnikbhai Ambani In 1960. Reliance Own Businesses In Energy,Petrochemicals, Textiles,Natural Resources,Retail And Telecommunications. At Present Elder Son Of Dhirubhai Ambani, Mukesh Dhirubhai Ambani Is Chairman And Managing Director of the Reliance Industries.

History of Reliance Industries

Reliance Industries Ltd. is India’s largest private-sector company, generating revenues of $19.97 billion, or more than 3 percent of India’s total gross domestic product. Founded as a textiles company, Reliance has successfully completed a backward integration strategy that has transformed it into India’s largest private-sector petrochemicals company, and number two overall (behind state-owned India Oil).

Reliance Industries represents the continuation of India’s greatest corporate success story since the country’s independence. Founded by Dhirubhai H. Ambani in 1958, Reliance grew to include holdings in energy production and distribution, telecommunications, and capital finance. After a public feud between Mukesh D. Ambani and younger brother Anil, these operations were split off into a new company controlled by Anil Ambani. Reliance Industries is listed on the Mumbai Stock Exchange.

Conclusion

Dhirubhai Ambani is not Good in study. But bacause of his leadership skills, and work very Hard. He make His Dream true About Making the Biggest Company of india.

Reference’s

www.referenceforbusiness.com/history2/78/Reliance-Industries-Ltd.html#ixzz56NNIQQ4n

Reliance Industries: Chasing the Energy Majors,” Chemical Week, May 3, 2006, p. 17.

Reliance on Course to Double in Size,” Chemical Week, December 18, 1996, p. 39.

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