As you know in current time Mukesh Ambani is the second most richest person in India. He is the owner and managing director of Reliance Industries Limited which is the parent company of many reliance companies. Reliance Group of Companies are in many types of business whether it be related to agriculture or to technology or to oil or to anything else. But before knowing about the different businesses we should know about the history of the reliance group.
History of Reliance Group of Companies
As you all know Reliance Industries is the holding company of many reliance companies and it is managed by non-other than Shri Mukesh Amabni himself. It was founded by the Father of Mukesh Ambani (Dhirubhai Ambani) in the year of 1973. In earlier days Dhirubhai Ambani started with Textile Business but later he diversified it into many other businesses such as petrochemical and refinery. And now under the leadership of Mukesh Ambani, it is operating in the digital industry.
Mukesh Ambani Companies (Listed )
Reliance Industries Limited
Reliance Industries Limited is the major company in the reliance group. It is the parent company of many reliance companies available in the market. Reliance Industries comes under the Nifty 50 index and holds the highest market capitalization. It was founded in the year of 1973 by Dhirubhai Ambani.
Jio Financial Services
Jio Financial Services is a financial arm of Reliance Group. It was originally incorporated as Reliance Strategic Investments Private Limited on July 22, 1999 but later renamed to Jio Financial Services Limited on July 25, 2023. It is a NBFC company that deals in loans, insurance, payments bank and payment solutions businesses.
Network18 Media & Investments Limited
Network18 Media & Investments is the holding company of media-based companies of Reliance Group. It operates some of the well-known brands in the media industry such as moneycontrol.com, Network 18 Channels (Including Colors TV, Network 18 news, MTV, History TV18) etc.
Just Dial
Justdial, the company which hired Mr Amitabh Bachchan for its advertising campaign in India. Its major business is just like Indiamart, it works as an advertising agency for businesses all over India. Later It was acquired by reliance retail on September 1, 2021.
Hathway Cable & Datacom Limited
Hathway is the leading digital tv and broadband internet service provider in India. Before the jio era, it was an independent company but later the company was acquired by the reliance group to improve its broadband network of Jiofi.
Den Networks Limited
Den Network is India's leading digital cable service provider. it was acquired by the reliance group in the year of 2018.
Reliance Industrial Infrastructure Limited
This company deals in the infrastructure field for the reliance group. It also leases equipment and offers IT Consulting services to the group.
Hathway Bhawani Cabletel & Datacom Limited
Hathway Bhawani Cabletel provides cable television networks and broadband internet services in India. It also operates a movie-based entertainment channel in the name of Hathway Bhawani Cinema. It was majorly acquired to boost the digital presence of reliance jio apps.
Mukesh Ambani Companies (Unlisted)
Reliance Jio Infocomm Limited
Reliance Jio Infocomm is a telecom company founded in the year of 2007 in Ahmadabad, Gujrat. This company is doinjg its business in the name of Jio. It is a subsidiary of the reliance group. After its entry in the telecom market, the whole telecom industry got changed into what it is now.
Jio Platforms Limited
Jio platforms is a technology company which comes under the reliance group and also the holding company of Reliance Jio Infocomm. In this company, many tech giants have invested such as Google, Meta platforms, Intel, Qualcomm and many more other technical and non-technical companies.
Reliance Retail Limited
Reliance Retail is the retail hand of the reliance group which deals in retail business within the group. This company owns Jio Mart, Ajio, Reliance Digital and Reliance Fresh. Isha Ambani heads this company.
Reliance Petroleum Limited
Reliance petroleum is a retail petrol company in India. through many pumps, it operates in the whole of India.
Jio Payments Bank Limited
Jio Payments bank is a payments bank registered with the RBI. It got its banking licence in the year of 2015 and the company was incorporated in the year of 2018. This company is partly owned by Reliance Industries and Partly by SBI.
Mumbai Indians
Mumbai Indians is an IPL(Indian Premier Cricket) team which represents Mumbai. This team is owned by Reliance Industries and was founded in the year of 2008.
Alok Industries Limited
Alok Industries is a textile company based in Mumbai. In the earlier period, it was an independent company but later in the year of 2019, it was acquired by the reliance group.
Reliance Foundation
Reliance Foundation is a non-profit organisation which was founded in the year of 2010. It is wholly owned by the reliance group and is one of the largest non-profit organisations in India.
Mukesh Ambani Business List
By referring to the above data I can clearly say that you have gained a good idea about Mukesh Ambani's businesses but still for your clarity we are listing out his business list so that you can better understand his business. Below is the list of Mukesh Ambani's Businesses.
Petro Chemical Business
The Petrochemical or petro refinery business is the biggest business of Mukesh Ambani Ji. This company works as a cash cow for the Mukesh Ambani group. In this business, the reliance company refines the crude oil and exports it to gulf countries and other countries. Along with refinery work reliance group also sells petrol and diesel through its own petrol pumps which operates throughout the whole of India.
Telecom Business
Telecom business is the second most valued business in the reliance basket. Currently, jio telecom is the biggest telecom company in India along with Bharti Airtel. In earlier periods telecom industries' ARPU was below Rs. 100 but at the current time it has nearly doubled. Reliance officially entered in telecom business after publicly launching Jio in September month of 2016.
Along with Jio Sim's mobile network, it also provides internet services to businesses and the public through its jio fibre company.
Agricultural Business
The agricultural business is one of the biggest and most profitable businesses in the Mukesh Ambani group. In a meeting with its shareholders, it was revealed that reliance is the biggest exporter of Indian mango in the whole world. Along with the fruit business it also deals in many other agricultural products. Along with exporting to other countries, it also sells products through its Reliance Fresh brand in the domestic market.
E-Commerce Business
E-commerce business is a new industry in which reliance has entered. At the current time, reliance is dealing in almost all the major revenue and profit-generating segments of e-commerce business through its various companies and online brands or platforms. Some of the E-commerce brands are AJIO, Jio Mart, netmeds etc.
Digital Media and Broadcasting Business
This business is headed under the name of the network 18 group and media 18 group. Under this business, Mukesh Ambani owns many online companies and broadcasting channels which include CNBC, Colors TV18, History TV 18, News 18, moneycontrol, etc.
Along with this reliance also holds a major market share in tv broadcasting services in the name of Hathway and Den Networks.
Online Service Business
Reliance group is also very active in online service businesses which include Urban Laddar, Bookmyshow, Justdial, etc. These all companies are part of the online service sector of reliance empire.
Supermarket Chain Business
As you all now know that reliance group is very active in online business but you will be shocked to know that reliance is also very active in offline business presence. here we are listing out some of the offline businesses of reliance groups which works in various domains. Reliance Digita, Reliance Fresh (as we have earlier discussed), Reliance Smart Bazar (Earlier Known as Big Bazar), Reliance Digital, and Reliance Retail (also a Holding company of many online Businesses) these all come under the supermarket chain business.
Textile Business
Reliance group is also very active in the textile business under many brand names such as Vimal and others. Textile products are sold through offline and online channels(reliance trends and Ajio etc.).
Digital Platform Business
As you all know along with the jio sim you also get Jio saavan, jio TV, jio Cinema, Jio clouds and many more. These all are part of reliance's digital business.
Financial Services Business
Reliance group has recently diversified in financial sector along with other business sectors through its subsidiary Jio Financial Services. It has also partnered with US based Blackrock for asset management business.
