In 1999, Shri Dhirubhai Ambani commissioned Reliance Jamnagar, the world’s largest greenfield grassroots refinery. Shri Mukesh Ambani led the team, and the refinery was operational in just 36 months. Reliance Jamnagar was a fully integrated unit, with a power-generation complex, a terminal complex, a port, and an entire township.
Image Courtesy: Reliance Industries Limited.
In 1978, Vimal was rebranded as Only Vimal, and through an innovative advertising campaign, it was marketed as a premium fabric brand for the youth. In 1979, Shri Dhirubhai Ambani organized the first Vimal fashion show. Vimal became the one-stop destination for the average Indian family's textile purchases: shirting, suiting, saris, dress materials, and furnishing fabrics.
Image courtesy: Reliance Industries Limited.
Reliance Industries partners with the Indian Olympic Association for the Olympics, Commonwealth and Asian Games as part of its ambition to make India a global sporting powerhouse.
Image Courtesy: Reliance Industries Limited.
RIL conducts largest-ever Rights Issue of Rs 53,124 crore in India and world largest Rights Issue by a non-financial institution in a decade.
Image Courtesy: Reliance Industries Limited.
RIL announces JV with SIBUR, Russia, for butyl rubber production in India; JV to be the world’s fourth largest producer of butyl rubber.
Image Courtesy: Reliance Industries Limited.
Reliance goes public for the first time by announcing its IPO and raises Rs 2.8 crore (USD 3.28 million), thus ushering in the Equity Cult in India.
• Initial share price is Rs 10
• Issue oversubscribed seven times with 58,000 investors by the year end
• Receives approval for BSE listing of Reliance as Reliance Textile Industries Ltd.
Image Courtesy: Reliance Industries Limited.
The World Bank certifies Reliance Textile Industries as India’s finest composite textile mill by developed country standards. The World Bank called the mill India’s 'most modern textile plant’, barely nine years after Shri Dhirubhai Ambani set up the mill at Naroda.
Image Courtesy: Reliance Industries Limited.
The 1992 Reliance twin issues drew an overwhelming response. Long queues of investors could be seen waiting outside distribution centers and banks in Bombay.
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From his days in Aden, Shri Dhirubhai Ambani nurtured a dream to establish a refinery. In 1988, Shri Dhirubhai Ambani initiated efforts to establish a petrochemical complex at Hazira, near Surat. In 1991, the first phase of the Reliance Hazira project was commissioned to manufacture a wide range of polymers, polyesters, and petrochemicals.
Image Courtesy: Reliance Industries Limited.
