RIL has world-scale competitive assets in the refining business. It runs one of the most energy efficient refineries globally with among the lowest operating cost per barrel, adjusted for complexity. Key intrinsic strengths of RIL's refining business comprise:

RIL is one of the top petrochemicals producers globally and the largest producer in India. RIL's petrochemicals business portfolio consists of polymers, polyester, fibre intermediates, elastomers and chemicals. Integration from refinery to petrochemicals provides feedstock security, logistics advantage and economies of scale. RIL's wide product portfolio, world-scale capacities, integrated operations and presence in growing domestic market supports high operating rates and provides earnings stability.


RIL's upstream portfolio includes operations in conventional upstream, which consists of onland, shallow water and deepwater acreages, Coal Bed Methane (CBM) and Shale Gas. This places RIL in an advantageous position of having strong offshore (deepwater) capabilities combined with the knowledge of operations in unconventional areas, such as CBM and Shale Gas.
RIL's assets include KG-D6, Panna-Mukta, Tapti and two CBM blocks in addition to several domestic and international blocks. Additionally, RIL has three joint ventures in North America – one in the Eagle Ford play and two in Marcellus play.

Reliance Retail addresses India's growing consumption requirements by operating multiple retail formats that offer unmatched choices in products and services in addition to a superior value proposition. It is India's largest retailer by revenues. Its operating model is based on keen insights into customer needs, while leveraging robust technology platform, business processes and supply chain.
During the year, RIL sustained the growth momentum in its retail business. The introduction of new delivery channels allowed it to further enhance consumer service and experience.

During the year, Independent Media Trust (IMT), of which RIL is the sole beneficiary, acquired the control of Network18 Media & Investments Limited (Network18), including its subsidiary TV18 Broadcast Limited (TV18). With the completion of this transaction, IMT and RIL became promoters of Network18 and TV18.
Network18 has interests in television, digital content, filmed entertainment, digital commerce, magazines, mobile content and allied businesses.
