- Business
- Reliance Industries Limited (RLI.F) is an Indian multinational conglomerate that operates across energy, petrochemicals, refining, retail, telecommunications, digital services, media, entertainment, and new energy sectors; its core businesses include hydrocarbon exploration and production, the world's largest refining complex at Jamnagar producing petroleum products such as gasoline, diesel, and aviation fuel, petrochemicals encompassing polymers, polyesters, elastomers, and intermediates, retail through Reliance Retail's extensive network of grocery, fashion, and electronics stores under brands like Reliance Fresh and Trends, telecommunications via Jio Platforms offering 4G/5G broadband, mobile services, and digital content, media and entertainment production and distribution, and emerging new energy solutions in solar modules, battery storage, green hydrogen, biofuels, and sustainable aviation fuel. Founded in 1966 by Dhirubhai Ambani and headquartered in Mumbai, India, the company maintains worldwide operations with primary focus on India and key international markets for exports and exploration. Recent strategic developments include acquisitions in January 2025 of Reliance New Energy Battery Limited for advanced battery technologies and Lakadia B Power Transmission Limited to bolster power infrastructure, alongside the April 2025 purchase of KGTL for green hydrogen transmission projects; the company plans Rs 75,000 crore investments each in new energy and petrochemical expansions, commissioning a 1-gigawatt solar module facility scaling to 10-gigawatts by 2026 and advancing battery manufacturing to 30-gigawatts capacity, a partnership with Google announced in October 2025 for AI acceleration including free AI Pro access for Jio users and Tensor Processing Units deployment, restructuring of its consumer brands business in December 2025 by dissolving and recreating RCPL entities, and launches of Reliance Intelligence as an AI subsidiary with Meta joint venture plus ambitious net-zero carbon goals by 2035 supported by a 550,000-acre renewable hub in Kutch, Gujarat.