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List of Diverse Businesses & Interests of Reliance Industries

Reliance Businesses | The Brand Hopper

Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, India. It was founded by Dhirubhai Ambani in 1960 and is currently led by his son, Mukesh Ambani. RIL operates in a wide range of industries and has diversified businesses across various sectors. Here are the key businesses of Reliance Industries Limited:

Petrochemicals

Reliance is the largest producer of petrochemicals in the country and amongst the top ten in the world. With  a unique portfolio of B2B businesses spread across polymer and polyester chains,  Reliance produces an extensive range of polymers (PP,PE, PVC), elastomers (PBR, SBR, Butyl), polyesters (PSF, PFY, IDY), aromatics (PX, OX, BT, LAB), fibre-intermediates (PTA, MEG, EO) and advanced materials (composites). Reliance serves its global customers through an extensive network of offices, business partners and distributors spread across the world.

The company constantly harness the power of chemistry and develop product solutions and experiences for our customers that enable them to develop a range of applications – apparel, packaging, agriculture, automotive, housing, industrial and healthcare, among others. Its customer-centric, comprehensive solutions such as project identification, new product design, Reliance’s product and market development, raw material selection and testing – besides a host of industry-specific​ solutions – have helped them grow into a world leader for most of its product categories.

Reliance is also the world’s largest integrated producer of polyester fibre and yarn, second-largest of paraxylene and among the top ten for purified terephthalic acid, mono-ethylene glycol and polypropylene. It is also the largest producer of synthetic elastomers in India and have world’s largest Refinery Off-Gas Cracker (ROGC) complex of 1.5 MMTPA ethylene capacity at Jamnagar in Gujarat, India.

Refining and Oil & Gas Exploration:

Petroleum refining and marketing (R&M) is the second link in Reliance’s drive for growth and global leadership in the core energy and materials value chain.

The Jamnagar manufacturing division is the world’s largest refining hub. The entire refining complex was built in a record time at globally competitive capital costs – in fact, at costs much lower than comparable refineries around the world. Its scale, design, flexibility, level of automation and degree of integration heralded the way refineries of the future would be built. The speedy growth of the complex lies at the heart of India’s transformation. It has transformed India from being a net importer of petroleum products to a net exporter, thereby ensuring the nation’s energy security.

Reliance Refinery at Jamnagar | The Brand Hopper
Reliance Refinery at Jamnagar

With crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD), the Jamnagar refinery is a trendsetter and has won several awards, including the prestigious ‘International Refiner Of The Year‘ award. It also enjoys the distinction of housing some of the world’s largest units, such as the Fluidised Catalytic Cracker (FCC), Coker, Alkylation, Paraxylene, Polypropylene, Refinery offgas (ROG) cracker and Petcoke gasification plants.

Fuels from Jamnagar refinery are exported to several countries across the world. This complex refinery is future ready and can produce gasoline and diesel of any grade. Reliance also has another refinery – the sixth largest in the world – in the Special Economic Zone at Jamnagar. This refinery has a capacity for processing 580,000 BPD of crude.

The refinery at Jamnagar processes a wide variety of crude oils and produces a range of petroleum products for exports as well as supply in the Indian market.

Products Applications
Liquefied Petroleum Gas (LPG) Domestic and industrial fuel
Propylene Feedstock for polypropylene
Naphtha Feedstock for petrochemicals
Gasoline Transport fuel
Jet /Aviation Turbine Fuel Aviation fuel
Superior Kerosene Oil Domestic fuel
High-Speed Diesel Transport fuel
Sulphur Feedstock for fertilizers and pharmaceuticals
Petroleum Coke Fuel for power plants and cement plants

Digital Services

Reliance Jio Infocomm Limited, a subsidiary of RIL, is a telecommunications company that revolutionized the Indian telecom industry. Jio Platforms Limited (Jio) is creating a massive digital ecosystem for a billion Indians with domain expertise across business verticals in the platform company. The platform company will not just provide world-class fixed-mobile converged connectivity, but also digital solutions across business verticals and the customer life cycle.

Jio has made investments in excess of US$50 billion since inception to create the largest and most advanced digital and connectivity ecosystem in India, with a rich bouquet of successful apps and platforms. Jio’s services span across connectivity and cloud, media, digital commerce, financial services, gaming, education, healthcare, agriculture, Government to Citizen (G2C), smart cities and manufacturing.

Jio has created strong internal capabilities across the following key digital technologies: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Big Data, Augmented Reality/Virtual Reality (AR/VR), Internet of Things (IoT), Blockchain, Artificial Intelligence (AI), Machine Learning (ML), edge computing, speech/natural language, supercomputing, computer vision, robotics and drones. These capabilities will power the creation of reimagined solutions for various ecosystems.

Reliance Retail

Reliance Retail is the retail initiative of the group and an epicentre of its consumer facing businesses. It has in a short time forged strong and enduring bonds with millions of consumers by providing them unlimited choice, outstanding value proposition, superior quality and unmatched experience across all its retail stores.

Since its inception in 2006, Reliance Retail has grown to cater to millions of customers, and thousands of farmers and vendors. Reliance Retail serves over 100,000 customers every hour, and has the patronage of more than 156 million registered customers. It’s nationwide network of retail outlets delivers a world-class shopping environment and unmatched customer experience powered by our state-of-the-art technology and seamless supply-chain infrastructure.

Reliance Retail | The Brand Hopper
Reliance Retail

Reliance Retail has adopted a multi-prong strategy and operates neighbourhood stores, supermarkets, hypermarkets, wholesale cash & carry stores, specialty stores and online stores and has democratized access to all types of products and services across all segments for all Indian consumers.

Reliance Retail has achieved the distinction of being the largest retailer in the country. Reliance Retail’s commitment to bettering lives has been embodied in its pursuit to make a difference on social socio-economic issues in India. The initiative has brought large number of farmers and small producers to the forefront of the retail revolution by partnering with them for growth.

Reliance Retail has emerged as the partner of choice for international brands and has established exclusive partnerships with many revered international brands such as Armani Exchange, Burberry, Canali, Pottery Barn,  Diesel, Superdry, Hamleys, Ermenegildo Zegna, Marks and Spencer, Paul & Shark, Brooks Brothers, Steve Madden, Grand Vision and many more.

As of March 31, 2021, Reliance Retail operates 12,711 stores across 7,000+ cities with a retail area of over 33 million sq ft.

New Energy and Renewable Resources

RIL has been investing in the energy sector, with a focus on renewable resources. It aims to transform into a green energy company and contribute to India’s renewable energy targets. RIL has set up a subsidiary called Reliance New Energy Solar Limited to focus on solar energy generation, energy storage solutions, and other renewable energy technologies.

Reliance has set an ambitious target of achieving net-zero carbon by 2035 and is investing over USD 10 billion (Rs 75,000 crore) in building the most comprehensive ecosystem for New Energy and New Materials in India to secure the promise of a sustainable future for generations to come.

Reliance New Energy business will be an optimal mix of reliable, clean and affordable energy solutions with hydrogen, wind, solar, fuel cells, and batteries. They are constructing the Dhirubhai Ambani Green Energy Giga Complex over 5,000 acres in Jamnagar. This will be among the largest such integrated renewable energy manufacturing facilities in the world.

Reliance is investing Rs 60,000 crores to construct world-scale, state-of-the-art facilities to manufacture and integrate critical components of the New Energy ecosystem:

  • Fully integrated solar photovoltaic manufacturing complex
  • Advanced Energy Storage systems for integrated cells, battery packs, control manufacturing
  • Electrolyser manufacturing facility
  • Mobility solutions and development for EV and FCEV
  • Power electronics and semiconductor development
  • Basic raw material and auxiliary materials manufacturing
  • Research and Development facilities for all New Energy Technologies

It is also investing Rs 15,000 crores in value-chain, partnerships, and future technologies, including upstream and downstream industries, to create a fully integrated, end-to-end renewable energy ecosystem.

These are some of the major businesses of Reliance Industries Limited. RIL’s diversification across multiple sectors has enabled it to become one of the largest and most influential conglomerate.

Also Read: Understanding ITC And Its Different Businesses & Brands

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