Reliance industries ltd.

it include
introduction
board composition
history of RIL
subsidiary of RIL
policy
strategies
awards and achievement
current position of company in 2014

1. Reliance industries ltd . Aarti M.Com (p) Kurukshetra university

2. INTRODUCTION Reliance group:- Founded : 1966 Founder : Dhirubhai Ambani Headquarters : Mumbai, M aharashtra, India The reliance group was founded by Dhirubhai H. Ambani , is I ndia largest private private sector enterprise, with business in energy and material value chain. Group’s annual revenue are in excess of us $ 66 billion The flagship company ,RIL ,is the fortune 500 company and is the largest private sector company in India.

3. BOARD COMPOSITION : The company’s policy is to maintain optimum combination of executive and non executive director s. The board consist of 14 directors :- Mukesh D. Ambani (chairman & managing director) Executive director Independent director Nikhil R. Meshwani Hital R. Meshwani PMS Prasad Pawan kumar kapil Non executive, non- independent director Nita M. Ambani Mansingh L. Bhakta Yogendra P. Trivedi Dr. Dharam Vir Kapur Mahesh P. Modi Prof. Ashok Mishra Prof. Dipak C J ain Dr. Raghunath A Mashelkar Adil Zainubhai

5. History 1957 :Dhirubhai Ambani returned in India in 1957 . He start yarn trading from a small 350 sq. ft. office in masjid Bunder , Mumbai. 1966 : From yarn trader to fabric manufacture Dhirubhai Ambani set up his brand new mill in Naroda , Gujrat . reliance become the biggest textile brand with “ only vimal ” 1977 : Dhirubhai Ambani created history with the reliance textile industries IPO in 1977. the issue was oversubscribed seven time, taking trade analysis completely by surprise.

6. 1980 : Ambani received license to construct factory in patalganga to produce polyester filament yarn and it enter to the petrochemical industries. 1991 : In Hazira plant, reliance made a landmark entry petroleum sector and become the world’s largest integration producer of polyester. 1999 : Jamnagar site was commissioned in 1999, the site’s production capacity was double that of any other refinery and ranked among top five in the world. 2002 : Reliance Petroleum was merged into Reliance Industries. Reliance enter into infocomm business and set up his own business services. 2007 : Reliance launch a series of reliance fresh store

7. Major sub-divisions Petroleum refining and manufacturing business Petrochemical business Oil and gas exploration & production business Retail sector

8. Product of reliance petroleum : Base oil Diesel Fuel oil Heating oil Kerosene Aviation oil Bitumen gasoline Liquefied petroleum gas Naphtha Tame Petcake ETBA Alkylate Iso octane

9. Petroleum :- RIL has 1.24 million barrels per day (MBPD) of crude processing capacity, the largest at any single location in the world. The demand for petroleum products in India increased after a period of contraction in 2009 The demand for petroleum products in India increased from 130.5 MMT to 134.4 MMT, reflecting a growth of 2.9% in FY-11. The Indian refining capacity increased to 184.1 MMT from 179.9 MMT RPL will be the sixth largest refinery in the world.

10. Reliance petrochemical “Reliance has created global benchmark in product and customer services with its multi location, state-of-the-art and world scale petrochemical plant.”

11. Under petrochemicals they produce :

12. Polymer : Reliance's philosophy is 'Growth is Life‘ The focus on Growth has helped RIL grow as one of the world's largest producers of polymers. Polyester : Polyester was first introduced in 1951 Reliance invests significant amounts on R&D in the polyester sector. Polyester Intermediates : Paraxylene: annual capacity is 1.86 million tons Purified terphalic acid : annual capacity is 2050 KTA Mono- Ethylene Glycol : annual capacity is 733 KTA

13. Petrochemicals Domestic Leadership in Petrochemicals. World's Largest Producer of Polyester Fiber and Yarn. India's largest and world's eighth largest producer of MEG India's largest manufacturer of Synthetic Rubber. fifth largest producer of PP and PX in the world. Ninth largest producer of PTA in the world.

14. Exploration & Production Oil and gas exploration and production business KG-D6 is the major field explored and operated KG-D6 was the single largest source of domestic gas in the country for FY-11 and accounted for almost 35% of the total gas consumption in India. The gas from KG-D6 catered to demand from 57 customers in critical sectors like fertilizer, power, steel, petrochemicals and refineries  The gas from KG-D6 accounted for about 44% of the total domestic gas production

15. Reliance Retail

16. Reliance fresh : Reliance retail ltd. is the largest retailer in term of revenue. Reliance fresh : is the convenience store format which forms part of the retail business of reliance industries. These store sell fresh fruit and vegetable, staples, groceries, fresh juice bars and dairy product The company has in excess of 560 reliance fresh outlets across the country

17. Reliance trends : Reliance Trends is offering a homogeneous mix of private labels and brands across the world. They provide the product that fulfill every customer requirement. Its product include :  formal office wear collection for men and women  fashion garments like Denims, T shirts etc. Store also provide brand like :  Lee, Wrangler, Peter England , John Players, Black berry , Gini n Jony , Liliput ,

18. Reliance jewel   reliance jewel is the place, where customers are assured of the widest range, stunning designs, guaranteed purity and quality and a pleasant shopping experience. services Free Cleaning & Polishing Free Purity Check Customized Jewellery Designing

19. POLICY “Between my part, the present and the future, there is one common factor: Relationship and trust. This is the foundation of our growth”

20. Strategies of RIL “ At reliance, sustainable development is a cornerstone of business strategy to achieve sustainable and profitable growth”

21. Sustainable development strategy include

22. AWARDS AND RECOGNITIONS Leadership : RIL’s Chairman and Managing Director, Sh Mukesh D. Ambani , received the “NDTV 25 Greatest Living Legends of India Award”, presented by the Honorable President of India on 14th December, 2013 CSR : (corporate social responsibility) Oliver Kinross’s Asia Oil & Gas Award 2013 for Corporate Social Responsibility - Company of the Year (RIL KG-D6) Best use of CSR practices in manufacturing’ awards ( Hazira Manufacturing Division)

23. Current Position RIL achieved strong results across its refining, petrochemicals and retail businesses. It becomes First Private sector company in India to record revenues of over Rs. 4,00,000 crore . In the year 2013-14 its Revenue from operations increased by 8.1% to ` 401,302 crore ($ 67.0 billion) It’s Exports increased by 15.3% to `275,825 crore ($ 46.0 billion) Net Profit increased by 4.7% to `21,984 crore ($ 3.7 billion)

24. Petrochemicals It’s EBIT increased by 17.5% and revenue increased by 9.5%. Polyester Filament Yarn (PFY) plant at Silvassa was commissioned successfully during FY 2013-14. Three products Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Textured Yarn (PTY) are being produced at the site and all units are now fully operational.

25. Retail business – India’s largest retail chain Reliance Retail has become India’s largest retailer by revenues. Its revenues grew 34% to ` 14,496 crore . The retail business also achieved two major milestones in FY 2013-14. It crossed 10 million square feet of retail space and broke even on a net profit basis during the year .Reliance Retail now operates 1,691 stores across 146 cities.

26. Refining The refining business had a record performance during the year delivering the highest ever annual contribution to the Company’s EBIT. Its revenue increased by 8.4% and its EBIT increased by 3.4%.

27. RANK’S Mr. Mukesh ambani holds the top spot with a net worth of $22.6 billion in India’s top 10 richest people. Ril is the India's 2 nd largest company with its revenue of Rs.401,302 crore. Ril placed at 114 th position in latest Fortune Global 500 list of world's biggest firm.