Reliance Industries

Established in 1957 by Dhirubhai Ambani, Reliance Industries is an Indian multinational conglomerate company which is regarded as one of the most profitable companies in India. Its headquarters is based in Mumbai, India. The company is ranked 155th on the Fortune Global 500 list of the world’s biggest corporations as of 2021. 

Moreover, the firm has various businesses which includes retail, mass media, natural gas, textiles and many others. As of 2021, Reliance Industries had 347 subsidiary companies and 150 associate companies. Some of its subsidiaries are:

• Jio Platforms Limited
• Reliance Retail 
• Reliance Logistics 
• Reliance Solar
• Network 18 

In the financial year 2021, Reliance Industries achieved a turnover of €90 billion and currently employs 236,560 people. 

It is noteworthy that the company received the Gold Award for Excellence in Innovation in Technology Industry at Asia Pacific Stevie in 2020. 

In addition, Reliance Retail has exclusive partnerships with luxury brands such as Jimmy Choo, Iconix, Roxy, Paul Smith, Bally and many others. 

Pertaining to its logistics solutions, the business operates its own distribution centre and has its own fleet of vehicles to manage deliveries. 

Furthermore, in 2021, the firm announced that it had shut down its manufacturing units at Nagothane town in Maharashtra. 

Concerning sustainability, Reliance Industries reduces its carbon footprints by eliminating hazardous waste through source reduction and recycling.