WHAT IS RELIANCE AND ITS ECOSYSTEM. ALL DETAILS EXPLAINED

WHAT IS RELIANCE AND ITS ECOSYSTEM.  ALL DETAILS EXPLAINED 

One of the largest and most successful companies in the world today is Reliance Industries.  The company is basically an Indian company.  The company was founded in 1973 by Dhirubhai Ambani.  Dhirubhai Ambani, who passed Class 10, has made Reliance one of the most successful and prosperous companies in India and in the world with his hard work and skills.  After his death, his two sons Mukesh Ambani and Anil Ambani are taking Reliance forward.  Mukesh Ambani is one of the richest people in the world today.  Today everyone knows the name of Reliance.

 But how did the journey begin?

 But how did Reliance get to this point?  How did you get to the top of all the other companies?

 Have you ever found the answers to all these questions?

 If these questions have ever crossed your mind, read on.  Because today we will share with you all the details of Reliance Industries.  I will share with you how Reliance Industries became today's Reliance Industries.

 So let's get started.

 How did Reliance start its journey?

 Reliance started its journey in 1973 with the help of Dhirubhai Ambani.  However, Dhirubhai Ambani had started business in various fields before him.  He did not study after class 10.  Joined various jobs.  But he was eager to do business.  Leaving his job, he and Champaklal Damani founded Reliance Commercial Corporation in the 1960s.  But later Champaklal Damani withdrew from the business.  But Dhirubhai Ambani continued his business with hard work.  Then gradually the company started moving forward under the leadership of Dhirubhai Ambani.

 The rise of Reliance

 In 1966 Reliance Textiles Engineers Pvt.  Ltd.  Is established.  Which is one of the biggest successes of Dhirubhai Ambani's business life.  He also set up an artificial fiber factory in Gujarat in the same year.  Then in 1975, the company became Reliance Industries.  From then on, neither Reliance nor Dhirubhai Ambani had to look back.  Reliance then expanded its textile business.  Builds more factories.  Among them the construction of the yarn is significant.  Reliance also became quite famous at that time.  Which was very auspicious for their next business.  Reliance continues to move forward, largely based on the yarn business.  Reliance's wealth also stands at a considerable amount.

 How did Reliance expand its business?

 Originally, Reliance started expanding its business in the '90s.  It was at this time that Reliance entered the petroleum business.  So that bribery is a huge success.  Also at that time Reliance introduced the LPG package in a 15 kg cylinder under gas.  Reliance built the Integrated Petrochemical Complex at Jamnagar, Gujarat in 1998-2000, the largest refinery in the world at that time.  After this, Reliance became more focused on expanding its business.  In 2001, Reliance Industries Limited and Reliance Petroleum Limited became the two largest companies in India in terms of all major financial parameters.  Reliance also bought a majority stake in Indian Petrochemicals Corporation Limited (IPCL), India's second-largest petrochemical company, from the Indian government in 2002-2003.  Reliance then began restructuring its business into power generation and distribution, financial services, and telecommunications services.  Reliance started a retail business in 2006.  Reliance also went on to name several other businesses, including Media.

 How did Reliance beat another company?

 Reliance started to capture the market by hitting other companies with the right decision and hard work.  Also, the quality of its products and the convenience of its services are some of the reasons for its progress.  Reliance has improved over time.  Has improved the quality of its products and services.  There are also several services that Reliance first launched and have been able to maintain their quality.  Reliance is also on the customer's choice list for its various special benefits and features.

 The breakdown of Reliance and its aftermath

After the death of Dhirubhai Ambani in 2002, his two sons split Reliance among themselves.  Reliance Industries is a business name owned by Mukesh Ambani.  And Anil Ambani's company name is Reliance Group.  After that Anil Ambani started improving his business and wealth very fast.  Become the eighth richest person in the world.  Mukesh Ambani's Reliance Industries lagged far behind.  But Mukesh Ambani is confident.  He also maintains hard work.  As a result, he started to have great success in his business.

 This time's Reliance Industries

This time,  Reliance Industries is one of the most successful companies in the world.  Anil Ambani's self-proclaimed bankruptcy business has collapsed for various reasons, but Mukesh Ambani's Reliance Industries is moving forward.  After the death of Dhirubhai Ambani, the main reason behind the success of Reliance Industries is Mukesh Ambani.  Thanks to his tireless work and right decision, Reliance Industries is so successful today.  At present Reliance is doing business successfully in Petroleum, Natural gas, Petrochemicals, Textiles, Retail, Telecommunications, Media, Television, Entertainment, Music, Financial Services, Software sectors.  Reliance is now quite successful in the technology sector as well.  The biggest proof of which is Geo.  The Geo platform has taken Reliance Industries a long way.  Reliance Industries has been increasing its assets over the last few years.  According to a survey, he has created the most assets for his shareholders in the last five years and his Reliance Industries Limited topped the list of largest asset generators for the third consecutive year.  From oil to telecom services, Reliance has earned Rs 9.8 lakh crore in the last five years, the highest in the last five years.  As of October 2021, Reliance Industries has a market capitalization of US $ 243 billion

 Dear Readers, This is the success story of Reliance Industries that we are seeing today.  The protagonists are Dhirubhai Ambani and Mukesh Ambani.  Thanks to their tireless work, Reliance Industries has become today's Reliance Industries.