Established in 1966, by the late Dhirubhai Ambani, as Reliance Textile Industries Private Limited.
This organization started as a polyester manufacturing firm. Soon, the depth and width of its operations grew, and it became public in 1977. Presently, it is headquartered in Mumbai, Maharashtra and employs over 23,500 people. Reliance Industries Limited , or, RIL has always believed in integration as a mode of growth and has thus expanded its business from polyesters to petrochemicals to refining and finally exploration and production. The present Chairman, Mukesh Ambani, has led the workforce to build the largest refinery in the world at Jamnagar, Gujarat. It became the first private company to be a part of the Fortune 100. Apart from oil and gas, it has also made its presence felt in retail through Reliance Retail which serves over 2.5 million customers weekly. Currently, it is the largest retailer in India with stores operating in multiple formats like hypermarkets, cash and carry, and wholesale stores. Reliance plans to enter the telecom world by the year end through Reliance Jio, which promises to deliver end-to-end data solutions at affordable rates to the average Indian.