Reliance Industries Limited is India's largest private sector company registered under the Companies Act of 1956. It operates several subsidiary companies in the oil business, including exploration and production, distribution, and marketing of petroleum products. The company aims to achieve excellence in service, quality, reliability, safety, and customer care through innovation and total customer satisfaction. It has experienced significant growth and financial success over the years in the oil and gas sector. Reliance Industries is led by a board of directors chaired by Mukesh Ambani and has over 25,000 employees.

1. RELIANCE INDUSTRIES LTD. (Oil)Growth is LifeBy: 1101041 – 1101050 PGDM-A

2. The Beginning…

3. ObjectivesTo attain global best practices and become a world-class utility.To provide uninterrupted, affordable, quality, reliable and clean power, to millions of customers.To achieve excellence in service, quality, reliability, safety and customer care.To work with vigor, dedication and innovation, with total customer satisfaction as the ultimate goal.To consistently achieve high growth with the highest levels of productivity.

4. Legal DimensionsReliance Industries Limited is India’s largest private sector company registered under Companies Act, 1956 incorporated on 8 May, 1973.It is a Company Limited by sharesIt is an Indian Non-Government Company

5. Companies in the Oil BusinessReliance Oil & Gas E&P Private Limited incorporated on 10th March 2008Reliance Oil & Gas Private Limited incorporated on 09th June 1993Reliance Oil Petroleum Private Limited on 08thOctober 1992These above three are unlisted companiesReliance Assam Petrochemicals Limited is a public company incorporated on 25thOctober 1994. It is Limited by shares and is unlisted.

6. Companies in the Oil BusinessReliance Petro Distribution Private Limited incorporated on 26 May, 2000 is a private company.Reliance Petro Marketing incorporated on 17 June, 1999 is a public company.Reliance Petro Marketing Limited incorporated on 04 January, 2008 is a private company.The above companies are Limited by shares andare unlisted.

7. Major Milestones

8. …Major Milestones

9. Vision “Through sustainable measures, create value for the nation, enhance quality of life across the entire socio-economic spectrum and help spearhead India as a global leader in the domains where we operate.”MissionCreate value for all stakeholdersGrow through innovationEnsure energy security of the nationLead in good governance practicesFoster rural prosperity

10. Short Term GoalsForm a sustainability council as an apex body to give impetus to our sustainability strategies.Identify and develop measurable goals for sustainability performance indicators.Give a structured approach to our social initiatives.Create a sustainability portal for e-enabling data and information collection.

11. Long Term GoalsEmbed life cycle and systems thinking in all business processes.Reduce environmental footprint by deploying appropriate systems and technologies.Move towards a low carbon business enterpriseStrengthen the talent pool to cater to our diverse and integrated nature of business.Create a triple bottom-line accounting system.

12. Financial Highlights

13. Financial Highlights OIL AND GAS (Product ion and Exploration) BUSINESS

14. Balance Sheet Highlights(Rs. in crore)

15. The Board…Shri Nikhil R. MeswaniShri Hital R. Meswani Shri Dhirubhai H. Ambani(Founder Chairman of Reliance Group)Shri PMS PrasadExecutive DirectorsShri P.K. KapilShriM. L. BhaktaShriY.TrivediIndependent DirectorsShri D.V. KapurShri Mukesh D. Ambani(Chairman and MD)Shri P. ModiShri Ramniklal H. Hirani(Non Executive,Non Independent Director)Shri Ashok MisraShri Dipak C Jain

16. Core CompetencyOne of the biggest players in Indian marketStrong brand nameExcellent financial positionFirst Indian company to be featured in Forbes’Employs more than 25000 peopleGrowing demand for petroleum productsBuyout of competition

17. CompetitorsBharat PetroleumHindustan PetroleumIndian Oil Corporation LimitedOil and Natural Gas Corporation

19. References