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 — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

, 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

in 1966 as a

polyester Polyester is a category of polymers that contain the ester functional group 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 natural ...

firm. It was renamed to

Reliance Industries Reliance Industries Limited is an Indian multinational conglomerate company, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is ...

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

, split

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 asse ...

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 Group entered the power sector through

, 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 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 or "MB". After World War II, Marc ...

. 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: Help:IPA/Marathi, 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, Nag ...

unit in the coming years.

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

History

Major acquisitions

See also

References

External links