Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group or simply Reliance Group is an Indian
conglomerate, headquartered in
Mumbai
Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
, India. The company, which was formed after
Dhirubhai Ambani
Dhirajlal Hirachand Ambani (28 December 1932 – 6 July 2002), popularly known as Dhirubhai Ambani, was an Indian business tycoon who founded Reliance Industries. Ambani took Reliance public in 1977 and was worth US$2.9 billion in 2002 upon hi ...
's business was divided up, is headed by his younger son
Anil Ambani
Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He was the chairman of Reliance Group (also known as Reliance ADA Group), which was created in July 2006 following a demerger from Reliance Industries Limited. He leads a numbe ...
.
Reliance Group has five listed companies,
Reliance Power
Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It was established to develop, construct, operate and maintain power projects in the Indian and internat ...
,
Reliance Infrastructure
Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. It is p ...
,
Reliance Capital
Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance ...
, Reliance Home Finance and
Reliance Health. 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
Dhirajlal Hirachand Ambani (28 December 1932 – 6 July 2002), popularly known as Dhirubhai Ambani, was an Indian business tycoon who founded Reliance Industries. Ambani took Reliance public in 1977 and was worth US$2.9 billion in 2002 upon hi ...
in 1966 as a
polyester firm. It was renamed to
Reliance Industries on 8 May 1973. Reliance later entered into financial services, petroleum refining, 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 and
Anil Ambani
Anil Dhirubhai Ambani (born 4 June 1959) is an Indian businessman. He was the chairman of Reliance Group (also known as Reliance ADA Group), which was created in July 2006 following a demerger from Reliance Industries Limited. He leads a numbe ...
, split
Reliance Industries in December 2005. Anil Ambani got the responsibility of
Reliance Infocomm
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai that offered voice and 2G and 3G and 4G data services.
In February 2019, the company filed for bankruptcy as it was unable to sell assets ...
,
Reliance Energy
Reliance Infrastructure Limited (R-Infra), formerly Reliance Energy Limited (REL) and Bombay Suburban Electric Supply (BSES), is an Indian private sector enterprise involved in power generation, infrastructure, construction and defence. It is p ...
and
Reliance Capital
Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance ...
. Reliance Group entered the power sector through
Reliance Power
Reliance Power Limited (R-Power), formerly Reliance Energy Generation Limited (REGL) is a part of the Reliance Anil Dhirubhai Ambani Group. It was established to develop, construct, operate and maintain power projects in the Indian and internat ...
, and the entertainment sector by acquiring Adlabs. In October 2010, Reliance power placed world's largest order worth $8.29 billion to
Shanghai Electric Group to supply power equipment based on
Supercritical steam generator
A supercritical steam generator is a type of boiler that operates at supercritical pressure, frequently used in the production of electric power.
In contrast to a subcritical boiler in which bubbles can form, a supercritical steam generator op ...
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. The production at Mihan-SEZ will begin with components for the
Rafale
The Dassault Rafale (, literally meaning "gust of wind", and "burst of fire" in a more military sense) is a French twin-engine, canard delta wing, multirole fighter aircraft designed and built by Dassault Aviation. Equipped with a wide rang ...
warplanes and
Falcon
Falcons () are birds of prey in the genus ''Falco'', which includes about 40 species. Falcons are widely distributed on all continents of the world except Antarctica, though closely related raptors did occur there in the Eocene.
Adult falcons ...
business jet produced by Dassault. It is expected to fully assemble both the aircraft in the
Nagpur
Nagpur (pronunciation: aːɡpuːɾ is the third largest city and the winter capital of the Indian state of Maharashtra. It is the 13th largest city in India by population and according to an Oxford's Economics report, Nagpur is projected to ...
unit in the coming years.
Major acquisitions
See also
*
List of companies of India
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world.
In 2019, the Indian economy was the world's fifth ...
*
List of largest companies by revenue
*
List of public corporations by market capitalization
The following is a list of publicly traded companies having the greatest market capitalization. In media they are described as being the most valuable companies, a reference to their market value.
Market capitalization is calculated from the shar ...
*
Make in India
Make in India is an initiative by the Government of India to create and encourage companies to develop, manufacture and assemble products made in India and incentivize dedicated investments into manufacturing. The policy approach was to crea ...
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