Monday, March 6, 2017

Case Study On Reliance


Topic: Business


Reliance Industries Limited is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications. Reliance was founded by Dhirubhai Ambani in the year 1966. From then, Reliance has grown to become a huge competitor in the international market.  Last year, the government announced a new policy that allows gas from fields in difficult terrains like deep-sea regions to be sold at almost double the price allowed for normal fields. 
Reliance industries deals with the production and distribution of a variety of goods like crude oil, electricity, household items, clothing, etc. 




Reliance has been manufacturing quality rigid and flexible industrial and commercial plastic packaging containers for over 50 years. Apart from this, Reliance also deals with telecommunication services and insurance. The refinery of Reliance at Jamnagar processes a wide variety of crude oils and produces a range of petroleum products for exports as well as supply in the Indian market. The Jamnagar manufacturing division is the world's largest refining hub. Fuels from Jamnagar refinery are exported to several countries across the world. 

The goal of Reliance industries is to deliver industry leading returns and profits and be a source of medium-term growth, while focusing on health, safety and environment. Conducting market research and survey has been a huge part of information collection for Reliance. Modern technology and new scientific methods are used in order for making budgets, hiring and managing employees and overall control. During the years since its inception, Reliance industries had to undergo varied changes in terms of technology, changing trends, government policies in order to suit the customer needs and to survive in the market.


Name few features of business.

Name few advantages and disadvantages of business.