{"id":4313,"date":"2021-09-01T18:00:26","date_gmt":"2021-09-01T12:30:26","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=4313"},"modified":"2021-09-22T12:33:57","modified_gmt":"2021-09-22T07:03:57","slug":"facts-about-reliance-industries","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/","title":{"rendered":"15 Interesting Facts About Reliance Industries (Video Inside)"},"content":{"rendered":"\n<p>Jio, JioSaavn, Reliance Digital, Jio Mart, CNBC TV18, Colors, History TV 18 and the list goes on. What do these have in common? They\u2019re all part of <a href=\"https:\/\/www.tickertape.in\/stocks\/reliance-industries-RELI?utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Reliance Industries Ltd<\/a>, the corporate giant that has a legacy of over 70 yrs. Let us take a look at 15 interesting facts about the company.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-1-Dhirubhai-Ambani-worked-as-a-petrol-pump-attendant-while-he-was-in-Yemen\" title=\"Fact No. 1: Dhirubhai Ambani worked as a petrol pump attendant, while he was in Yemen\">Fact No. 1: Dhirubhai Ambani worked as a petrol pump attendant, while he was in Yemen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-2-Only-Vimal-was-a-brand-of-Reliance-Textile-Industries\" title=\"Fact No. 2: Only Vimal was a brand of Reliance Textile Industries\">Fact No. 2: Only Vimal was a brand of Reliance Textile Industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-3-The-first-Indian-company-to-issue-an-IPO\" title=\"Fact No. 3: The first Indian company to issue an IPO\">Fact No. 3: The first Indian company to issue an IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-4-They-placed-India-on-the-Global-Refining-Map\" title=\"Fact No. 4: They placed India on the Global Refining Map\">Fact No. 4: They placed India on the Global Refining Map<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-5-Reliance-revolutionized-the-telecom-industry\" title=\"Fact No. 5: Reliance revolutionized the telecom industry\">Fact No. 5: Reliance revolutionized the telecom industry<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-6-Put-India-on-Fortune-500-list-for-the-first-time\" title=\"Fact No. 6: Put India on Fortune 500 list for the first time\">Fact No. 6: Put India on Fortune 500 list for the first time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-7-The-split-of-Ambanis-affected-the-Indian-financial-market\" title=\"Fact No. 7: The split of Ambanis affected the Indian financial market\">Fact No. 7: The split of Ambanis affected the Indian financial market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-8-Reliance-disrupted-the-Indian-mobile-communications-industry-again\" title=\"Fact No. 8: Reliance disrupted the Indian mobile communications industry again\">Fact No. 8: Reliance disrupted the Indian mobile communications industry again<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-9-Reliance-Jio-indirectly-helped-T-Series\" title=\"Fact No. 9: Reliance Jio indirectly helped T-Series\">Fact No. 9: Reliance Jio indirectly helped T-Series<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-10-Jio-brought-India-on-top-of-the-mobile-data-consumption-list\" title=\"Fact No. 10: Jio brought India on top of the mobile data consumption list\">Fact No. 10: Jio brought India on top of the mobile data consumption list<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-11-They-own-the-largest-TV-network-in-India-%E2%80%93-Network-18\" title=\"Fact No. 11: They own the largest TV network in India &#8211; Network 18\">Fact No. 11: They own the largest TV network in India &#8211; Network 18<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-12-First-Indian-company-to-cross-Rs-10-lakh-cr-in-market-capitalization-in-2019\" title=\"Fact No. 12: First Indian company to cross Rs. 10 lakh cr in market capitalization in 2019\">Fact No. 12: First Indian company to cross Rs. 10 lakh cr in market capitalization in 2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-13-They-are-in-almost-every-industry-in-India\" title=\"Fact No. 13: They are in almost every industry in India\">Fact No. 13: They are in almost every industry in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-14-Reliance-continues-to-be-Indias-largest-exporter\" title=\"Fact No. 14: Reliance continues to be India&#8217;s largest exporter\">Fact No. 14: Reliance continues to be India&#8217;s largest exporter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.tickertape.in\/blog\/facts-about-reliance-industries\/#Fact-No-15-Reliance-Retail-completed-a-fundraising-event-of-Rs-47000-cr-in-just-2-mth\" title=\"Fact No. 15: Reliance Retail completed a fundraising event of Rs 47,000 cr in just 2 mth\">Fact No. 15: Reliance Retail completed a fundraising event of Rs 47,000 cr in just 2 mth<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-1-Dhirubhai-Ambani-worked-as-a-petrol-pump-attendant-while-he-was-in-Yemen\"><\/span><strong>Fact No. 1: Dhirubhai Ambani worked as a petrol pump attendant, while he was in Yemen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Dhirubhai Ambani\u2019s father was a teacher and his family didn\u2019t own a lot of property or land. But Dhirubhai was determined to start his own business, which drove him to India in 1958. Here, he started a textile business \u201cMajin\u201d along with his cousin Champaklal. Majin used to export goods like spices and rayon to Yemen and import polyester.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-2-Only-Vimal-was-a-brand-of-Reliance-Textile-Industries\"><\/span><strong>Fact No. 2: Only Vimal was a brand of Reliance Textile Industries<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 1966, Dhirubhai Ambani&#8217;s elder brother Ramnikbhai helped him set up the Reliance Textile Industries mill at Naroda. In turn, Dhirubhai Ambani named the fabric after Ramnikbhai\u2019s son, Vimal Ambani, as a way to express gratitude.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-3-The-first-Indian-company-to-issue-an-IPO\"><\/span><strong>Fact No. 3: The first Indian company to issue an IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 1977, Reliance Textile Industries created history by introducing <a href=\"https:\/\/www.tickertape.in\/blog\/what-is-equity\/\">equity<\/a> culture in India. The company announced its <a href=\"https:\/\/www.tickertape.in\/blog\/ipo-investment\/\">IPO<\/a> at a time when even <a href=\"https:\/\/www.tickertape.in\/blog\/securities-and-exchange-board-of-india-functions-powers-and-regulations-of-sebi\/?utm_source=blog&amp;utm_medium=article\">SEBI<\/a> was not formed. The <a href=\"https:\/\/blog.tickertape.in\/all-you-need-to-know-about-ipos\/?utm_source=blog&amp;utm_medium=article\" rel=\"nofollow noopener\" target=\"_blank\">IPO<\/a> was oversubscribed by 7 times. Eventually, people started believing in Reliance and invested in the company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-4-They-placed-India-on-the-Global-Refining-Map\"><\/span><strong>Fact No. 4: They placed India on the Global Refining Map<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Reliance Industries entered the Petroleum business in the 1990s. They built the world\u2019s largest oil refinery at Jamnagar, a refining capacity of 12.40 lakh barrels per day. That\u2019s huge! But with this massive refinery, they also became the cause of pollution, surrounding Jamnagar.<\/p>\n\n\n\n<p>Well, Ambani\u2019s had their own way to fight it. They built Asia\u2019s largest mango orchard named Dhirubhai Ambani Lakhibagh Amrayee. The orchard has around 1.3 lakh trees responsible for the growth of about 200 species of mango over 600 acres of land. Isn\u2019t it a man-made wonder?<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-5-Reliance-revolutionized-the-telecom-industry\"><\/span><strong>Fact No. 5: Reliance revolutionized the telecom industry<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 2002, Reliance not only made cell phones affordable to the masses but also made incoming calls free. This boosted the Indian telecom industry. Imagine, if you were charged to pick up a call today, how many calls would you decline or maybe even block?<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<p class=\"sc-embed\" data-width=\"500px\" data-orders=\"%5B%7B%22quantity%22%3A10%2C%22ticker%22%3A%22RELIANCE%22%7D%5D\" data-cardsize=\"big\" data-withtt=\"false\" data-withsearch=\"true\" style=\"width:500px;min-height:300px;display:flex;align-items:center;justify-content:center\"> <strong>loading widget to trade RELIANCE<\/strong> <\/p> <script async src=\"https:\/\/www.gateway-tt.in\/assets\/embed.js\"><\/script>\n<\/div>\n<\/div>\n\n\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-6-Put-India-on-Fortune-500-list-for-the-first-time\"><\/span><strong>Fact No. 6: Put India on Fortune 500 list for the first time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 2004, Reliance emerged as the first and the only private Indian organization that made it to the Fortune Global 500 list. It is also the first private sector company to be rated by international credit rating agencies including Moody&#8217;s and Standard &amp; Poor&#8217;s.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-7-The-split-of-Ambanis-affected-the-Indian-financial-market\"><\/span><strong>Fact No. 7: The split of Ambanis affected the Indian financial market<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>After the demise of Mr Dhirubhai Ambani in 2002, the relationship between both his sons went awry. The split that happened in 2005, saw Mukesh ending up with the core energy business and Anil with the telecom business, financial services, and power arms.<\/p>\n\n\n\n<p>Their individual businesses had grown so big that their conflict started affecting the Indian financial markets. The then Finance Minister Pranab Mukherjee had to urge the Ambani brothers to settle their dispute soon in the interest of the nation and its markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-8-Reliance-disrupted-the-Indian-mobile-communications-industry-again\"><\/span><strong>Fact No. 8: Reliance disrupted the Indian mobile communications industry again<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Infotel, which is now called Jio, was introduced on 5th Sept 2016. The company had 1.6 cr subscribers in just a month, 5 cr in 83 days, and over 10 cr by February 2017. That\u2019s the fastest adoption of a network provider ever.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-9-Reliance-Jio-indirectly-helped-T-Series\"><\/span><strong>Fact No. 9: Reliance Jio indirectly helped T-Series<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Thanks to Reliance Jio\u2019s high-speed free data, T-Series became the most subscribed YouTube channel on 27th March 2019. With the 3-mth &nbsp;introductory offer of unlimited internet, many viewers started watching Bollywood albums of T-Series on YouTube and also subscribed to the channel. This helped T-Series beat PewDiePie that adorned the crown of the most subscribed channel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-10-Jio-brought-India-on-top-of-the-mobile-data-consumption-list\"><\/span><strong>Fact No. 10: Jio brought India on top of the mobile data consumption list<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the data consumption reports of 2019, Indians are consuming mobile data at an average rate of 11.2 GB per month. That too, with just 45% penetration in the market.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Reliance I 15 Interesting Facts I History about Reliance Industries I E3\" width=\"770\" height=\"433\" src=\"https:\/\/www.youtube.com\/embed\/UO7RRNAkCYM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-11-They-own-the-largest-TV-network-in-India-%E2%80%93-Network-18\"><\/span><strong>Fact No. 11: They own the largest TV network in India &#8211; Network 18<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Reliance has a TV network with almost every kind of channel under their belt. It ranges from news, sports, entertainment, music, and history. They even own magazines like Forbes India, Overdrive, and Better photography.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-12-First-Indian-company-to-cross-Rs-10-lakh-cr-in-market-capitalization-in-2019\"><\/span><strong>Fact No. 12: First Indian company to cross Rs. 10 lakh cr in market capitalization in 2019<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Today, Reliance has a market cap of more than Rs. 14.99 cr. Its weightage in the <a href=\"https:\/\/www.tickertape.in\/indices\/nifty-index-.NSEI?utm_source=blog&amp;utm_medium=article\" target=\"_blank\" rel=\"noreferrer noopener\">Nifty<\/a> <a href=\"https:\/\/www.tickertape.in\/blog\/stock-market-index\/\">index<\/a> grew from around 5% in September 2016 to nearly 14.90% in September 2020, which is almost 3 times in 4 yrs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-13-They-are-in-almost-every-industry-in-India\"><\/span><strong>Fact No. 13: They are in almost every industry in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Right from retail, electronics, <a href=\"https:\/\/www.tickertape.in\/blog\/buying-stocks-gets-as-convenient-as-making-online-purchases\/\">e-commerce<\/a>, oil and gas, media, healthcare, online education, wallets and payments, video conferencing, telecom, music streaming, Reliance competes with companies of almost every sector in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-14-Reliance-continues-to-be-Indias-largest-exporter\"><\/span><strong>Fact No. 14: Reliance continues to be India&#8217;s largest exporter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The company is ranked 96th on the Fortune Global 500 list of the world&#8217;s biggest corporations as of 2020. They account for 8% of India&#8217;s total merchandise exports with a value of Rs 1,47,755 cr and has access to markets in 108 countries. 5% of the Indian government\u2019s total revenue comes from Reliance\u2019s customs and excise duty. The company is also the highest income taxpayer in the private sector in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fact-No-15-Reliance-Retail-completed-a-fundraising-event-of-Rs-47000-cr-in-just-2-mth\"><\/span><strong>Fact No. 15: Reliance Retail completed a fundraising event of Rs 47,000 cr in just 2 mth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Reliance Retail raised Rs 47,265 cr on 19 November, 2020 by selling a 10.09% stake to investors such as Silver Lake Partners, KKR, ADIA, and others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jio, JioSaavn, Reliance Digital, Jio Mart, CNBC TV18, Colors, History TV 18 and the list goes on. They\u2019re all part of Reliance Industries Ltd, the corporate giant that has a legacy of over 70 yrs. Let us look at 15 interesting facts about the company.<\/p>\n","protected":false},"author":27,"featured_media":4316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[9,1749],"tags":[191,699,193],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/09\/Interesting-facts-about-Reliance-New.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4313"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=4313"}],"version-history":[{"count":6,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4313\/revisions"}],"predecessor-version":[{"id":4655,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/4313\/revisions\/4655"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/4316"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=4313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=4313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=4313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}