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
Industries Limited, is a Fortune Global 500
company and is the largest private sector company
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 petrochemical products.
Major Group Companies are Reliance Industries
Limited, including its subsidiaries and Reliance
Industrial Infrastructure Limited.