Reliance Industrial Investments and Holdings Ltd.; Reliance Infrastructure Limited;Reliance Middle East DMCC (U.A.E.); Reliance Netherlands B.V.; Reliance PetroleumLimited; Reliance Retail Limited; Reliance Strategic Investments Limited; RelianceUK Ltd. (50%); Reliance Ventures Ltd.
Indian Oil Corporation Ltd.; Hindustan Petroleum Corporation Ltd.; Bharat PetroleumCorporation Ltd.; Indian Petrochemicals Corporation Ltd.; Mangalore Refinery andPetrochemicals Ltd.; Kochi Refineries Ltd.; Chennai Petroleum Corporation Ltd.;Parker Agrochem Exports Ltd.
Reliance Industries Limited(RIL) owns 70.38% & Chevron India owns 5% of theequity share capital.An offer in 2008 made to Chevron to increase its share in equityshare capital further by 5%.
It featured in the Fortune Global 500 list of ‘World's Largest Corporations' for the fourth consecutive year.
Ranked 269th in 2007 having moved up 73 places from last year.
Featured as one of the world's Top 200 companies in terms of Profits.
Featured among top 50 companies with the biggest increase in Revenues.
In September,2008 it was the only Indian Company which was featured inforbes top 100 list.
RELIANCE AND THE INDIAN PETROCHEMICAL MARKET
Reliance Industries is one of India's biggest industrial groupings and the largest privatesector company. Reliance built its first polymer cracker in 1992 because althoughnatural gas is cleaner and cheaper, India has a very limited supply.Reliance, which is pursuing an aggressive investment strategy in Jamnager, is also oneof the prime contenders to take over part of the state-owned Indian PetrochemicalsCorporation Ltd (IPCL) when it is privatised. Reliance could exploit major synergieswith the state-owned giant. The Indian government might also be concerned at the near monopoly that would be granted on polypropylene and polyethylene. Therefore, anydisinvestment to Reliance would have to look long and hard at the competitionimplications.