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India's top 10 companies

April 22, 2008

2. Reliance Industries

Sales in 2007: Rs 111,264.23 crore

"Between my past, the present and the future, there is one common factor: Relationship and Trust. This is the foundation of our growth." These are the words of the founder of Reliance, Dhirubhai Ambani.

Reliance Industries, is the largest private sector company in India. With a net sales of Rs 111,264.23 crore (Rs 1112.64 billlion) in 2007, it is the second biggest company in India. The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is today headed by Mukesh Ambani.

A Fortune Global 500 company , the group's activities include exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles and retail.

Reliance is the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products.

Major companies are Reliance Industries Limited (including main subsidiaries Reliance Petroleum Limited and Reliance Retail Limited) and Reliance Industrial Infrastructure Limited.

Reliance's maxim is 'Growth is life'.

Image: Mukesh Ambani, chairman and managing director of Reliance Industries delivers a lecture at the 6th Darbabri Seth Memorial Lecture in New Delhi | Photograph: Manan Vatsyayana/AFP/Getty Images

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