Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and

Reliance Health Reliance Health is a subsidiary organisation of Reliance Group. The organisation looks after the health-care component of the conglomerate. The organisation is headed by the Indian businessman Anil Ambani. It runs two major hospitals and mult ...

. The group provides financial services, construction, entertainment, power, health care, manufacturing, defence, aviation, and transportation services.

History

Reliance Commercial Corporation was founded by Dhirubhai Ambani in 1966 as a

polyester Polyester is a category of polymers that contain one or two ester linkages in every repeat unit of their main chain. As a specific material, it most commonly refers to a type called polyethylene terephthalate (PET). Polyesters include some natura ...

firm. It was renamed to

Reliance Industries Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the ...

on 8 May 1973. Reliance later entered into financial services, petroleum refining, and power sector. By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers

Mukesh Ambani Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian billionaire and businessman who is the chairman and managing director of Reliance Industries. As of May 2025, he is the richest person in Asia and The World's Billionaires, 13th richest ...

and Anil Ambani, split

in December 2005. Anil Ambani got the responsibility of Reliance Infocomm, Reliance Energy, and Reliance Capital. Reliance Group entered the power sector through Reliance Power, and the entertainment sector by acquiring Adlabs. In October 2010, Reliance power placed the world's largest order worth $8.29 billion to Shanghai Electric Group to supply power equipment based on Supercritical steam generator technology. On 28 October 2017, the group launched construction of a defense production unit in Mihan-SEZ region. The unit will be part of a joint venture between Reliance Group, led by Anil Ambani, and its JV partner French major

Dassault Aviation Dassault Aviation SA () is a French Aerospace manufacturer, manufacturer of military aircraft and business jets. It was founded in 1929 by Marcel Dassault, Marcel Bloch as Société des Avions Marcel Bloch (Marcel Bloch Aircraft Company). After ...

. The production at Mihan-SEZ will begin with components for the Rafale warplanes and

Falcon Falcons () are birds of prey in the genus ''Falco'', which includes about 40 species. Some small species of falcons with long, narrow wings are called hobbies, and some that hover while hunting are called kestrels. Falcons are widely distrib ...

business jet produced by Dassault. It is expected to fully assemble both the aircraft in the

Nagpur Nagpur (; ISO 15919, ISO: ''Nāgapura'') is the second capital and third-largest city of the Indian state of Maharashtra. It is called the heart of India because of its central geographical location. It is the largest and most populated city i ...

unit in the coming years. In March 2022, Anil Ambani stepped down from the boards of Reliance Infrastructure and Reliance Power. In August 2024, SEBI banned Anil Ambani from the securities market for five years on charges of diversion of funds.

Major acquisitions

References

External links

* {{Reliance Anil Dhirubhai Ambani Group 01 Conglomerate companies of India Companies based in Mumbai Gas turbine manufacturers Aircraft engine manufacturers of India Aerospace companies of India Conglomerate companies established in 1966 Indian companies established in 1966 1966 establishments in Maharashtra Privately held companies of India Family-owned companies of India

History

Major acquisitions

See also

References

External links