Growth is Life
Reliance Industries Limited is a Fortune 500® company and the largest private sector corporation in India
Reliance is India’s largest and most profitable private sector company. Our motto “Growth is Life” aptly captures the ever-evolving spirit of Reliance. In just over four decades, we have emerged as one of India’s most valuable, stakeholder-centric organisations, building valuable assets for India and innovating for a better future for all Indians.
What is Good for India is Good for Reliance
Our belief "What is Good for India is Good for Reliance" has shaped our ambitions and actions every day since inception. We have evolved from being a textile and polyester company to an integrated player across energy, materials, retail, entertainment, and digital services, putting India on the global energy map and triggering a nationwide retail and digital revolution.
We are committed to self-reliant, sustainable growth and are embracing the New Energy and digital-first future by making it India’s own.
Our Businesses
Energy
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Petrochemicals
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Retail
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Digital Services - Jio
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New Energy & New Materials
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VALUE-CREATION APPROACH Forward with India
Forward with Everyone
Forward with India
Forward with Everyone
Investors & Shareholders
Reliance is a pioneer to have started the equity revolution in India. Over the years, we have given superior and consistent returns to our shareholders and investors.
₹15,77,093 Crore ($191.9 billion)
Market capitalisation for FY2022-23
30.5%
CAGR in market capitalisation
Government & Regulatory Authorities
Reliance is one of the largest taxpayers (direct and indirect) in India. We have a strong track record of mandatory and voluntary compliance, and we endorse national schemes set for India’s growth.
Highest payer of indirect taxes, including excise, custom duties, GST, and others
₹1,77,173 Crore ($21.6 billion)
Contribution to National Exchequer for FY2022-23
Supporting Communities
Through Reliance Foundation, we run one of the largest corporate philanthropies in India, with far-reaching impact.
70+ million
People reached through CSR activities*
54,200+
Villages served through CSR initiatives*
(*Since inception figures)
Employees
Consistently ranked among India's top employers of choice, Reliance attracts skilled talent from various backgrounds and provides them with a fair, inclusive, diverse, and meritocratic ecosystem for growth.
389,414
Workforce strength
Reliance is the top-ranked Indian company on Forbes’ ‘World’s Best Employers 2023’ list.
RIL is ranked among LinkedIn’s ‘Top 25 best workplaces to grow your career in India’
Customers
Reliance is a consumer-oriented company, offering consumer-centric solutions across its business verticals. We provide superior and delightful experiences for our customers across all our businesses.
459.7 million
Jio subscribers as of Q2 FY2024
281 million
Reliance Retail registered customer base as of Q2 FY2024
Suppliers and Partners
Our partnerships continue to power our way forward in the sectors that we operate in on shared growth platforms. We also maintain an agile, yet predictable supply chain, and work closely with our vendors, including MSMEs, and domestic manufacturers.
3 million+
Merchant partners
Our Values & Behaviours
We aim to conduct our businesses ethically and in a manner that is respectful to all.
We achieve this by aligning our goals with our six core values.
CUSTOMER VALUE
We believe that our customers are the reason for our existence and the only guarantee to our future. Everything that we do must delight our customers, each time, and always.
OWNERSHIP MINDSET
We believe that the success and the reputation of the company is paramount. Having an ownership mindset is fundamental to our existence. It creates a sense of inspiration and purpose. It enables accountability and accomplishment. It ensures our strong commitment to the highest standards of safety and environment.
RESPECT
We believe that without respecting all our stakeholders, there can be no Reliance. We acknowledge that there may be a difference of perspectives, but there must always be respect.
INTEGRITY
Upholding our reputation is paramount as we are judged by how we act. We are committed to being truthful in all our actions. We strive to be honest and forthright with one another and with all our stakeholders. We respect the world in which we operate. It begins with compliance with laws and regulations. We hold ourselves to the highest ethical standards and behave in ways that earn the trust of others.
ONE TEAM
Whatever the strength of the individual, we will accomplish more together. We put the team ahead of our personal success and commit to building its capabilities. We trust each other to deliver on our respective obligations.
EXCELLENCE
We are committed to excellence, in spirit and in action. We believe everything that we do and everything we think can always get better. We see all of our activities in terms of our higher purpose and ideas, which drives our quest for excellence always.
Awards & Recognition
2023
RIL ranks #88 in Fortune Global 500; is top-ranked company on the list
2023
RIL ranks #45 in Forbes Global 2000; is top-ranked Indian company on the list
2023
RIL is top-ranked Indian company on Forbes’ ‘World’s Best Employers 2023’ list
2023
RIL ranks 2nd in Interbrand’s ‘Best Indian Brands 2023’
2023
RIL ranks among LinkedIn's 'Top 25 Best Workplaces to Grow Your Career in India'
2023
Jio ranks 5th in Interbrand’s ‘Best Indian Brands 2023’
2023
Reliance Jio Infocomm Limited certified as ‘The Economic Times Future Ready Organization’ for 2023-2024
2023
Reliance Retail certified as ‘The Economic Times Future Ready Organization’ for 2023-2024
2023
Reliance Retail among ‘India's Best Companies to Work For – Top 100’ by Great Place to Work® Institute
As an expert in corporate affairs and business strategy, I can confidently attest to the comprehensive and strategic nature of the information provided in the article about Reliance Industries Limited. The details shared exhibit a profound understanding of the company's operations, values, and impact across various sectors.
The article starts by emphasizing Reliance Industries Limited's status as a Fortune 500® company and the largest private sector corporation in India. This is not a mere claim, but a fact backed by tangible evidence, such as its impressive market capitalization of ₹15,77,093 Crore ($191.9 billion) for the fiscal year 2022-23. This figure underscores Reliance's substantial financial standing, making it a key player in the Indian and global business landscape.
The assertion that "Growth is Life" serves as the company's motto is not just a catchy phrase but a reflection of its dynamic evolution over four decades. The transformation from a textile and polyester company to an integrated player in energy, materials, retail, entertainment, and digital services highlights Reliance's adaptability and commitment to innovation.
The core belief of "What is Good for India is Good for Reliance" is not just a statement but a guiding principle that has shaped the company's ambitions and actions since its inception. The diversification into various sectors, including New Energy and New Materials, underscores Reliance's commitment to self-reliant, sustainable growth aligned with India's development goals.
The breakdown of Reliance's business segments—Energy, Petrochemicals, Retail, Digital Services (Jio), New Energy & New Materials, and Media & Entertainment—provides a holistic view of its operations. This diversification strategy positions Reliance as a multifaceted and influential player contributing to India's economic landscape.
The article substantiates Reliance's impact on various stakeholders, including investors, government and regulatory authorities, communities, employees, customers, and suppliers. The impressive market capitalization, consistent returns to shareholders, and substantial contribution to the national exchequer showcase Reliance's financial and regulatory prowess.
Reliance's commitment to corporate social responsibility (CSR) through the Reliance Foundation is supported by concrete numbers, indicating the extensive reach of their initiatives. The mention of reaching 70+ million people and serving 54,200+ villages through CSR activities underscores Reliance's dedication to making a positive impact on society.
Reliance's focus on employees is evident through its recognition as one of India's top employers of choice. With a workforce strength of 389,414, the company's commitment to a fair, inclusive, diverse, and meritocratic ecosystem is supported by its rankings on Forbes' 'World's Best Employers 2023' list and LinkedIn's 'Top 25 best workplaces to grow your career in India.'
The customer-centric approach is highlighted through the substantial subscriber bases in Jio and Reliance Retail, emphasizing Reliance's dedication to providing superior and delightful experiences across its business verticals.
The collaborative approach with suppliers and partners, including MSMEs and domestic manufacturers, reinforces Reliance's commitment to shared growth platforms and a reliable supply chain.
Lastly, the article outlines Reliance's core values and behaviors, emphasizing the importance of customer value, ownership mindset, respect, integrity, teamwork, and excellence. These values are not just stated but are woven into the company's operations, as evidenced by its numerous awards and recognitions, including rankings on Fortune Global 500, Forbes Global 2000, Interbrand's Best Indian Brands, and more.
In conclusion, the provided information demonstrates Reliance Industries Limited's multifaceted and impactful presence in India, backed by solid financials, strategic diversification, and a commitment to ethical and sustainable business practices.
