Reliance Industries Limited (RIL) was founded in 1960s in India and is now the largest private company in India. RIL has businesses in energy, petrochemicals, textiles, retail, and telecommunications. It is the largest polyester producer in the world and among the top petrochemical producers globally. RIL's diversified businesses have made it one of the most profitable companies in India with large revenues and market capitalization, contributing significantly to the Indian economy.