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Timeline of Reliance Industries Limited

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This is a '''timeline of {{w|Reliance Industries Limited}}''', an Indian multinational conglomerate owing businesses engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
 
== Sample questions ==
 
The following are some interesting questions that can be answered by reading this timeline:
 
* How did RIL diversified and changed focus over time?
* How did RIL leadership change over time? How disputes turned into a split?
* What are important company acquisitions by RIL?
* What are some notable products launched by the company?
* What are some important partnerships and joint ventures by RIL?
==Big picture==
{| class="wikitable"
! Time period !! Development summary Business phase !! More details
|-
| 1958–1966 || The trading phase || Reliance Commercial Corporation (RCC) begins its business activities with the export of spices and other items to the {{w|Middle East}} and {{w|East Africa}}. In this phase, the company operates through partnership or proprietorship firms.<ref name="From “Outsider” to Insider: The Case of Reliance">{{cite web |title=From “Outsider” to Insider: The Case of Reliance |url=https://journals.openedition.org/samaj/4278#tocto2n1 |website=journals.openedition.org |accessdate=13 November 2019}}</ref>
| 1977–1990 || Switch to petrochemicals || The principal group company becomes an extremely widely held public limited company, with a rapid proliferation in the number of companies in the group.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1991-onwards || Liberal India /Expansion into healthcare and telecommunications || RIL business diversifies. In 1992 the company becomes the first Indian company to raise money in global markets. In 1995 the group enters the {{w|telecommunications}} industry. In 1998, RIL enters the {{w|healthcare}} sector. In 2006 RIL enters the organized retail segment through Reliance Retail. {{w|Reliance Jio}} is incorporated in 2007 and launches its services in 2015.
|-
|}
| 1990s || Reliance Refineries is established in 1991, and launches its public offering in 1993. In 1997 Reliance Petroleum launches construction of India's largest oil refinery at {{w|Jamnagar}}. In 1999, the company wins a bid for 12 exploration blocks auctioned off by the {{w|Indian government}}.<ref name="referenceforbusiness.com"/>
|-
| 2000s || In 2002, Reliance locates the largest Indian natural gas field in decades. In the same year, {{w|Dhirubhai Ambani }} dies at age 69. Reliance Petroleum merges into Reliance Industries. Following the acquisition of Germany's {{w|Trevira}} in 2004, RIL becomes the world's leading polyester manufacturer, with production levels topping 25 million meters per year.<ref name="referenceforbusiness.com"/> In 2006, Reliance Industries is broken up between the Ambani brothers.<ref name="referenceforbusiness.com"/> As of 2007 RIL has two major business segments, petroleum refining and marketing, and petrochemicals.<ref name="Goodrich"/>
|-
| 2010s || The [[w:Reliance Jio Infocomm Limited|Reliance Jio]] launches its services in 2015, and becomes the only company in India that is capable of providing {{w|4G}} services through the country. RIL is ranked 106th on the {{w|Fortune Global 500}} list of the world's biggest corporations as of 2019.
|-
|}
| 1958 || || Early development || In the midst of a worsening political situation in Aden, Dhirajlal returns to India where he starts a yarn trading business from a small 500 square feet office in {{w|Mumbai}} that Ambani rents for two hours per day.<ref name="MAMMOTH">{{cite web |title=MAMMOTH ASPIRATIONS |url=https://www.ril.com/TheRelianceStory.aspx |website=ril.com |accessdate=8 November 2019}}</ref> Reliance Commercial Corporation is established in partnership with Champaklal Damani, Dhirajlal cousin. Initial exports include spices as well as fabrics.<ref name="referenceforbusiness.com"/><ref name="referenceforbusiness.com"/><ref name="RAICHAUDHURI">{{cite book |last1=RAICHAUDHURI |first1=ANJAN |title=MANAGING NEW VENTURES: CONCEPTS AND CASES IN ENTREPRENEURSHIP |url=https://books.google.com.ar/books?id=sFqQSBbn_x0C&pg=PA84&lpg=PA84&dq=Reliance+Commercial+Corporation&source=bl&ots=Sf1FayguQR&sig=ACfU3U32UFnCEJOp1Xmd3uCqIRcgwxlcWw&hl=en&sa=X&ved=2ahUKEwiu5LXpx9vlAhWhHrkGHZReAW0Q6AEwDnoECBEQAQ#v=onepage&q=Reliance%20Commercial%20Corporation&f=false}}</ref>
|-
| 1964 || || Facility || Dhirajlal establishes a textile factory in {{w|Naroda}} near {{w|AhmenabadAhmedabad}}.<ref name="RAICHAUDHURI"/>
|-
| 1965 || || Leadership || Champaklal Damani and Dhirubhai Ambani end their partnership due to differences in business strategies.<ref name="RAICHAUDHURI"/>
| 1966 || || Facility || A synthetic fabrics mill is established at {{w|Naroda}} in {{w|Gujarat}}.<ref name="Reliance Industries Ltd"/>
|-
| 1966 || May 8 || {{w| Subsidiary }} || Reliance Textile Industries Ltd is incorporated in {{w|Karnataka}} state as a public limited company under the name Mynylon Ltd. to manufacture synthetic blended yarns and fabrics, polyester filament yarn, polyester glass shells and colour TV picture tubes.<ref name="Reliance Industries Ltd">{{cite web |title=Reliance Industries Ltd. Company History and Annual Growth Details |url=https://www.goodreturns.in/company/reliance-industries/history.html |website=goodreturns.in |accessdate=16 September 2019}}</ref>
|-
| 1966 || July 1 || [[w:Mergers and acquisitions| Merger ]] || Reliance Textile Industries Ltd, is amalgamated with Mynylon Ltd.<ref name="Reliance Industries Ltd"/>
|-
| 1969 || || Subsidiary {{w|Incorporation}} || Reliance Exports is incorporated.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1973 || May 8 || {{w|Incorporation}} || RIL is incorporatedas Mynylon Limited in the State of {{w|Karnataka}}.<ref name="Goodrich">{{cite journal |last1=Singh |first1=Manohar |last2=Goodrich |first2=James A. |title=Succession in Family-Owned Businesses: A Case Study of Reliance Industries-India |doi=10.2139/ssrn.954715 |url=https://papers.ssrn.com/sol3/papers.cfm?abstract_id=954715}}</ref><ref name="RELIANCE INDUSTRIES"/>
|-
| 1973 || || {{w| Subsidiary }} || Reliance group incorporates Vimal Fabrics.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 1975 || June 28 || || RIL is converted into a public limited company.<ref name="Reliance Industries Ltd"/>
|-
| 1975 || October 15 || {{w| Subsidiary }} || Reliance group incorporates Anil Fabrics<ref name="From “Outsider” to Insider: The Case of Reliance"/><ref>{{cite web |title=ANIL FABRICS PRIVATE LIMITED |url=https://www.zaubacorp.com/company/ANIL-FABRICS-PRIVATE-LIMITED/U01110MH1975PTC018603 |website=zaubacorp.com |accessdate=13 November 2019}}</ref>, Dipti Textile Industries<ref>{{cite web |title=Dipti Textile Industries Private Limited |url=https://finpinch.com/in/company/details/dipti-textile-industries-private-limited/U18101MH1975PTC018602 |website=finpinch.com |accessdate=13 November 2019}}</ref>, and Nina Textile Industries.<ref>{{cite web |title=NINA TEXTILE INDUSTRIES PRIVATE LIMITED |url=https://economictimes.indiatimes.com/company/nina-textile-industries-private-limited-/U99999MH1975PTC018601 |website=economictimes.indiatimes.com |accessdate=13 November 2019}}</ref>
|-
| 1975–1976 || || Financial || Reliance group crosses the Rs. 20 crores (200 million) mark in terms of value of assets.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
| 1979 || || Facility || RIL establishes a texturizing/twisting facility.<ref name="Reliance Industries Ltd"/>
|-
| 1979 || || [[w:Mergers and acquisitions| Merger ]] || Sidhpur Mills amalgamates with RIL.<ref name="Reliance Industries Ltd"/>
|-
| 1980 || || Product || Reliance Textiles Industries receives a letter to intent from the manufacture of 10,000 tons per annum of {{w|polyester}} filament yarn. Financial and technical collaboration is finalized with {{w|E. I. du Pont de Nemours and Company}}.<ref name="Reliance Industries Ltd"/>
|-
| 1982 || || Product || Reliance Textiles Industries launches phase-I of the Polyester Filament Yarn (PFY) plant at {{w|Patalganga}}.<ref name=Milestones/>
|-
| 1982 || || Leadership || {{w|Dhirubhai Ambani}} elder son [[w:Mukesh Ambani|Mukesh]] is entrusted with the task and begins by overseeing the first phase of a polyester filament yarn in {{w|Patalganga}}, {{w|Maharashtra}}.<ref name="Milestonesv">{{cite web |title=Reliance Industries: Milestones of an oil giant |url=https://www.ndtv.com/photos/business/reliance-industries-milestones-of-an-oil-giant-13970#photo-181473 |website=ndtv.com |accessdate=14 November 2019}}</ref>
|-
| 1983 || || Leadership || {{w|Dhirubhai Ambani}} younger son [[w:Anil Ambani|Anil]] joins RIL.<ref name="Milestonesv"/>
|-
| 1985 || June 27 || Renaming || Reliance Textiles Industries Ltd changes its name to Reliance Industries Ltd.<ref name="Reliance Industries Ltd"/><ref name="RELIANCE INDUSTRIES"/><ref name="RAICHAUDHURI"/>
| 1985 || || Product || Reliance Textiles Industries enters phase-II of the {{w|polyester}} {{w|filament}} {{w|yarn}} (PFY) plant at {{w|Patalganga}}.<ref name=Milestones/>
|-
| 1985 || September 30 || {{w| Subsidiary }} || Devti Fibres Ltd becomes a subsidiary of RIL.<ref name="Reliance Industries Ltd"/>
|-
| 1985 || || Financial || RIL total Assets cross Rs. 1,000 crores.<ref name="ndtv.com"/>
| 1986 || || Product || RIL launches a project for the manufacture of {{w|linear alkylbenzene}} in technical collaboration with UOP Processes International Inc.<ref name="Reliance Industries Ltd"/>
|-
| 1986 || || Product || RIL commissions a {{w|polyester}} staple fiber (PSF) plant at {{w|Patalganga}}.<ref name=Milestones/> "Reliance commissioned Polyester Staple Fiber (PSF) plant at Patalganga."<ref name="ndtv.com"/>
|-
| 1986 || || Product || RIL starts operating a purified terephthalic acid plant at {{w|Patalganga}}.<ref name=Milestones/><ref name="ndtv.com"/><ref name="referenceforbusiness.com"/>
|-
| 1987 || || {{w| Subsidiary }} || Reliance Petrochemical Limited is incorporated.<ref name="RAICHAUDHURI"/>
|-
| 1987 || || Product || RIL starts operating the {{w|linear alkylbenzene}} (LAB) plant at {{w|Patalganga}}.<ref name=Milestones/><ref name="ndtv.com"/><ref name="Reliance Industries Ltd"/>
|-
| 1988 || || Product || RIL starts the {{w|paraxylene}} plant at {{w|Patalganga}}.<ref name=Milestones/>
|-
| 1988 || September 29 || {{w|Subsidiary}} || {{w|Reliance Industrial Infrastructure}} is incorporated. Its immediate object is to undertake a project for the laying of two cross country pipelines from {{w|Bharat Petroleum}} refinery at {{w|Chembur}} in Bombay to RIL petrochemicals complex at {{w|Patalganga}}.<ref>{{cite web |title=Reliance Industrial Infrastructure |url=https://www.moneycontrol.com/company-facts/relianceindustrialinfrastructure/history/RII |website=moneycontrol.com |accessdate=16 November 2019}}</ref>
|-
| 1988 || || Financial || RIL sales cross Rs. 1,000 crores mark.<ref name="ndtv.com"/>
| 1994 || || Product || RIL introduces its new product, Linear Low-Density Polyethylene Octene.<ref name="Reliance Industries Ltd"/>
|-
| 1994 || || Financial || RIL offers the second Euro issue of {{w|Global Depository Receipt}}s (GDR).<ref name=Milestones/> " Offered the second Euro issue of GDR."<ref name="ndtv.com"/>
|-
| 1995 || || Facility || RIL commissions a new {{w|triethylene glycol}} (TEG) manufacturing factory with a capacity of 10,000 TPA to add value to {{w|diethylene glycol}} (DEG), a by product from its monoethylene Glycol plant. TEG is an import substitute used in oil exploration, lubricants and speciality application.<ref name="Reliance Industries Ltd"/>
| 1995 || || Product || RIL signs a {{w|Memorandum of understanding}} with the {{w|Government of Assam}} for implementation of RAPL (Reliance Assam Petrochemicals Ltd.) for manufacture of {{w|ethylene}}, {{w|polyethylene}} and {{w|oxoalchol}} based on ethylene and propylene products from the gas cracker.<ref>{{cite web |title=Reliance Industries |url=https://www.moneycontrol.com/company-facts/relianceindustries/history/RI |website=moneycontrol.com |accessdate=13 November 2019}}</ref>
|-
| 1995–1996 || || {{w| Joint venture }} || RIL enters the telecom industry through a {{w|joint venture}} with {{w|NYNEX}} and promotes Reliance Telecom Private Limited in {{w|India}}.<ref name="RELIANCE INDUSTRIES"/>
|-
| 1996 || || {{w|Credit rating}} || RIL becomes the first private sector company to be rated by international credit rating agencies.<ref name=Milestones/><ref name="ndtv.com"/>
|-
| 1996 || || Financial || RIL net profit surpasses Rs.1,000 crore (about US$ 317 million), an unparalleled milestone in the Indian private sector.<ref name="ndtv.com"/><ref name=Milestones/>
| 1998 || || Business expansion || RIL enters the health-care sector with an initial investment of Rs.100 crore, and becomes joint trustee of Sir Hurkisondas Nurrotumdas Hospital at Charni Road in Mumbai.<ref name="Reliance Industries Ltd"/>
|-
| 1998 || || Recognition Leadership || {{w|Dhirubhai Ambani}} is awarded the Dean's Medal by the {{w|Wharton School of the University of Pennsylvania}}, "for setting an outstanding example of leadership."<ref name=Milestones/>
|-
| 1998 || || Financial || RIL Total Assets cross Rs. 35,000 crore and revenues cross Rs. 14,000 crore.<ref name="ndtv.com"/>
|-
| 1999 || || Gas discovery {{w|Hydrocarbon exploration}} || The Indian government auctions off 25 blocks for oilfield exploration. Bids are given in the form of royalty percentage offers. RIL wins 12 of the blocks and promptly sets in place its own team of exploration experts. The investment would quickly pay off with the discovery of natural gas reserves estimated at some 14 trillion cubic feet, the largest natural gas field discovered in India in decades, in the {{w|Krishna Godavari Basin}} in the {{w|Bay of Bengal}}.<ref name="referenceforbusiness.com"/>
|-
| 1999 || || Facility || RIL commissions the world's largest 1.4 million tons per annum {{w|paraxylene}} (PX) plant at its new integrated petrochemicals complex at {{w|Jamnagar}}.<ref name="RELIANCE INDUSTRIES"/><ref name=Milestones/>
|-
| 2000 || || Facility || RIL commissions the world's largest grassroots refinery in {{w|Jamnagar}}.<ref name="RELIANCE INDUSTRIES"/><ref name="RAICHAUDHURI"/><ref name=Milestones/>
|-
| 2000 || May 10 || Subsidiary || Reliance Clinical Research Services is incorporated.<ref>{{cite web |title=RELIANCE CLINICAL RESEARCH SERVICES PRIVATE LIMITED |url=https://www.zaubacorp.com/company/RELIANCE-CLINICAL-RESEARCH-SERVICES-PRIVATE-LIMITED/U99999MH2000PTC126407 |website=zaubacorp.com |accessdate=9 December 2019}}</ref>
|-
| 2000 || || Financial || RIL group profits cross Rs. 2,500 crore mark, revenues cross Rs. 20,000 crore mark, and total assets cross Rs. 50,000 crore.<ref name="ndtv.com"/>
|-
| 2000–2001 || || Financial || Reliance Industries Ltd. and Reliance Petroleum Ltd. become India's two largest companies in terms of all major financial parameters.<ref name=Milestones/>
|-
| 2001 || January || Subsidiary || [[w:Reliance Institute of Life Sciences|Reliance Life Sciences]] is incorporated. It operates in the {{w|biotechnology}} sector.<ref>{{cite web |title=Reliance Life Sciences's Competitors, Revenue, Number of Employees, Funding and Acquisitions |url=https://www.owler.com/company/rellife |website=owler.com |accessdate=16 November 2019}}</ref>
|-
| 2001 || || Financial || RIL revenues cross Rs. 60,000 crore, and becomes largest business group in India.<ref name="ndtv.com"/>
|-
| 2001 || || Growth || Reliance Industries and {{w|Reliance Petroleum}} become India's largest companies.<ref name="Milestonesv"/>
|-
| 2001 || || Subsidiary || Reliance Logistics Private Limited is founded. It operates vessels for the transportation of freight on the deep seas.<ref>{{cite web |title=Reliance |url=https://www.scribd.com/presentation/116104207/Reliance-Industries |website=scribd.com |accessdate=17 November 2019}}</ref><ref>{{cite web |title=Reliance Logistics Pvt Ltd |url=https://www.bloomberg.com/profile/company/2246648Z:IN |website=bloomberg.com |accessdate=17 November 2019}}</ref>
|-
| 2001–2002 || || Recognition || {{w|Dhirubhai Ambani}} receives The Economic Times Award for Corporate Excellence for Lifetime Achievement.<ref name=Milestones/>
| 2001–2002 || || Product || RIL signs a {{w|Memorandum of understanding}} with [[w:DuPont (1802–2017)|DuPont Polyester Technologies]] to license the revolutionary resin technology NG-3 from DuPont. Reliance announces its plan for the expansion of {{w|polyethylene terephthalate}} capacity by 220,000 tons per year.<ref name=Milestones/>
|-
| 2002 || || [[w:Mergers and acquisitions|Merger]] || Reliance Petroleum Limited merge with Reliance Industries. As of date, this is the largest ever merger in India. Reliance Industries becomes the largest private sector company in the country on all major financial parameters including sales, profits, net worth, assets, and exports.<ref name=Milestones/><ref name="ndtv.com"/>
|-
| 2002 || || Gas discovery {{w|Hydrocarbon exploration}} || RIL announces one of the largest gas discoveries in the world, with a volume in excess of 7 trillion cubic feet, equivalent to about 1.2 billion barrels of crude oil. This is the first ever discovery by an Indian private sector company.<ref name=Milestones/>
|-
| 2002 || July 31|| Expansion || RIL launches its own phone service, Reliance Infocomm, which would be later renamed {{w|Reliance Communications Limited}} (popularly, R.Comm). Beginning with {{w|Gujarat}}, the Infocomm revolution would cover thousands of villages and hundreds of cities across India.<ref name=Milestones/><ref name="MAMMOTH"/><ref name="referenceforbusiness.com"/>
| 2004 || || Recognition || RIL becomes the first Indian private sector organization to be listed in the {{w|Fortune Global 500}} list.<ref name="RELIANCE INDUSTRIES">{{cite web |title=RELIANCE INDUSTRIES LTD. (RELIANCE) - COMPANY HISTORY |url=https://www.business-standard.com/company/reliance-inds-476/information/company-history |website=business-standard.com |accessdate=16 September 2019}}</ref><ref name="MAMMOTH"/>
|-
| 2004 || || Gas discovery {{w|Hydrocarbon exploration}} || RIL locates a new gas field in the {{w|Bay of Bengal}}, off the Orissa Coast.<ref name="referenceforbusiness.com"/>
|-
| 2004 || || [[w:Mergers and acquisitions| Acquisition ]] || RIL acquires the polyester major {{w|Frankfurt}}-based {{w|Trevira}}, which has the capacity of 130000 tons per annum of polyester staple fibers polyester filament yarns and polyester chips.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2004 || October || Recognition || RIL is recognized as India's Greenest private sector company amongst the private sector with an overall rank of number two in a BT–ACNielsen ORG-MARG survey of shareholder perception.<ref name="ndtv.com"/>
| 2006 || || Expansion || RIL enters the organized retail segment through Reliance Retail with its first Reliance Fresh store in {{w|Hyderabad}}.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2006 || July 10 || Split up || RIL splits in two, following four years of dispute between Mukesh and Anil. Mukesh gets Reliance Industries and {{w|Indian Petrochemicals Corporation Limited}}. The latter walks away from RIL with the conglomerate's telecom, power, natural-resources and financial-services business, which form the core of what would be dubbed {{w|Reliance Group}}.<ref name="Delhi Press Magazines">{{cite book |title=The Caravan: September 2018 |publisher=Delhi Press Magazines |url=https://books.google.com.ar/books?id=vA9uDwAAQBAJ&pg=PA39&dq=%22Reliance+Group%22+%22in+2006%22&hl=en&sa=X&ved=0ahUKEwj40ajD09vlAhWjLLkGHSjdDs8Q6AEILzAB#v=onepage&q=%22Reliance%20Group%22%20%22in%202006%22&f=false}}</ref><ref name="Milestonesv"/>
|-
| 2006 || || Financial || RIL places US$300 million in US Private Placement Market, becoming the first Indian company to raise money through this route. The company declares dividend of 100%.<ref name="ndtv.com"/><ref name="ndtv.com">{{cite web |title=Reliance Industries Ltd. |url=https://www.ndtv.com/business/stock/reliance-industries-ltd_reliance/reports |website=ndtv.com |accessdate=17 September 2019}}</ref>
| 2007 || February 15 || Subsidiary || {{w|Telecommunications}} company {{w|Reliance Jio}} is incorporated as a subsidiary of RIL.<ref>{{cite web |title=Reliance Jio Infocomm Limited Disclosure Document |url=https://www.bseindia.com/downloads/ipo/2015127141059im%20reliance%20jio.pdf |website=bseindia.com |accessdate=7 November 2019}}</ref> It operates a national [[w:LTE (telecommunication)|LTE]] network with coverage across all 22 {{w|telecom circle}}s.<ref>{{citation |url=http://www.coai.com/content/reliance-jio-infocomm-limited|publisher={{w|Cellular Operators Association of India}}|title=Reliance Jio Infocomm Limited}}</ref><ref>{{citation |url=http://www.rcrwireless.com/20150616/network-infrastructure/lte/reliance-jio-infocomm-plans-to-launch-pan-india-lte/|publisher=RCR Wireless News|title=Reliance Jio Infocomm plans to launch pan-India LTE}}</ref>
|-
| 2007 || April 1 || [[w:Mergers and acquisitions| Merger ]] || {{w|Indian Petrochemicals Corporation Limited}} (IPCL) merges with RIL. Post merger, RIL’s share capital is expected to increase from Rs 1,393.5 crore to Rs 1,453.6 crore.<ref>{{cite news | url=http://archive.indianexpress.com/news/ipcl-to-merge-with-reliance-industries/25015/ | title=IPCL to merge with Reliance Industries | date=8 March 2007 | newspaper=The Indian Express | accessdate=17 September 2019}}</ref><ref>{{cite web |title=IPCL merger with RIL from April 1 |url=https://timesofindia.indiatimes.com/business/india-business/IPCL-merger-with-RIL-from-April-1/articleshow/1746644.cms |website=timesofindia.indiatimes.com |accessdate=7 November 2019}}</ref><ref>{{cite web |title=RIL-IPCL merger to be effective from April 1, swap ratio at 1:5 |url=https://economictimes.indiatimes.com/companies/ril-ipcl-merger-to-be-effective-from-april-1-swap-ratio-at-15/articleshow/1746619.cms?from=mdr |website=economictimes.indiatimes.com |accessdate=7 November 2019}}</ref>
|-
| 2007 || September || Acquisition || RIL announces agreement to acquire assets of {{w|Malaysia}}’s leading {{w|polyester}} producer, Hualon Corp.<ref>{{cite web |title=Reliance to acquire assets of Malaysia's Hualon |url=https://www.reuters.com/article/idINIndia-29438220070910 |website=reuters.com |accessdate=7 November 2019}}</ref>
| 2007 || || Financial || RIL revenue crosses Rs. 100,000 crore mark, net Profit crosses Rs. 10,000 crore mark, and total assets cross Rs. 100,000 crore mark, unparalleled in the Indian private sector. Exports cross Rs. 60,000 crore mark, 12% of India's total exports. RIL declares Dividend of 110%. Payout of Rs 1,440 Crore, highest in the Indian private sector.<ref name="ndtv.com"/>
|-
| 2008 || April || Product || RIL signs gas sales and purchase agreement with the customers in power sector for supply of {{w|natural gas }} to be produced from the [[w:Krishna Godavari Basin|KG-D6 block]].<ref name="RELIANCE INDUSTRIES"/>
|-
| 2008 || || Financial || RIL revenue crosses Rs. 130,000 crore mark, net profit crossed Rs. 15,000 crore mark and Total Assets crossed Rs. 140,000 crore mark, unparalleled in the Indian private sector. Exports cross Rs. 80,000 crore mark, 13.4% of India's total exports. RIL declares Dividend of 130%. Payout of Rs 1,631 Crore, highest in the Indian private sector.<ref name="ndtv.com"/>
| 2008 || || Financial || RIL reaches an aggregated worth of approximately US$ 125 billion, around a hundred direct and many more affiliated companies, more than 80,000 global employees, and is structured as 'several hundred investment companies, satellite companies and trusts''.<ref name="Chatterjee"/>
|-
| 2009 || April 2 || Hydrocarbon production || RIL commences production of {{w|hydrocarbon}}s in its KGD6 block in the {{w|Krishna Godavari Basin}} with the production of sweet crude of 420 API.<ref name="RELIANCE INDUSTRIES"/><ref name="MAMMOTH"/>
|-
| 2009 || || Recognition || American global management consulting firm {{w|A T Kearney}} lists RIL as one of the Top 25 Global Champion for 2009 which manages to outperform the competition in the midst of global financial meltdown.<ref name=Milestones/>
| 2010 || August || Acquisition || RIL acquires the equity shares of EIH Ltd representing 14.12% from [[w:The Oberoi Group|Oberoi Hotels]] and certain other promoters at a total cost of Rs 1021 crore.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2010 || December || {{w| Joint venture }} || RIL enters into a joint venture agreement with Russian petrochemical company {{w|Sibur}} for the production of {{w|butyl rubber}} in India.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2010 || || Recognition || RIL is ranked 68th in the {{w|Financial Times Global 500}} list of the world's largest companies (up from previous year's 75th rank).<ref name="ndtv.com"/>
|-
| 2011 || February || {{w| Partnership }} || RIL enters into a strategic partnership with {{w|British Petroleum}} which comprises BP taking a 30% stake in 23 oil and gas production sharing contracts that the company operates in India for a consideration of US$ 7.20 billion and the formation of a 50:50 joing joint venture between the two companies for the sourcing and marketing of gas in India.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2011 || March || Joint venture || RIL and [[w:D. E. Shaw & Co.|D E Shaw Group]] agree to establish a {{w|joint venture}} to build a financial services business in India, incorporating the D E Shaw Group's investment and technology expertise with RIL's operational knowledge and extensive presence across India to offer a comprehensive array of financial services to the Indian marketplace. <ref name="RELIANCE INDUSTRIES"/>
|-
| 2011 || April || {{w|Hydrocarbon exploration}} || RIL announces a rich {{w|natural gas}} discovery in the very first well it drilled on a deep sea block in the {{w|Cauvery}} basin.<ref name=Milestones/><ref>{{cite web |title=RIL finds gas in first well it drilled in Cauvery basin |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/ril-finds-gas-in-first-well-it-drilled-in-cauvery-basin/articleshow/8048439.cms?from=mdr |website=economictimes.indiatimes.com |accessdate=7 November 2019}}</ref><ref>{{cite web |title=Reliance Reports Significant Gas and Condensate Discovery Offshore India |url=https://www.offshoreenergytoday.com/reliance-reports-significant-gas-and-condensate-discovery-offshore-india/ |website=offshoreenergytoday.com |accessdate=7 November 2019}}</ref>
|-
| 2011 || June 10 || Acquisition || RIL and its associate Reliance Industrial Infrastructure Ltd enter into an agreement with {{w|Bharti Enterprises}} for acquiring Bharti's shareholding of 74% in Bharti Axa Life Insurance Co Ltd and Bharti Axa General Insurance Co Ltd. <ref name="RELIANCE INDUSTRIES"/><ref>{{cite web |title=Reliance Industries partners Siemens to offer homeland security systems |url=https://www.thehindubusinessline.com/info-tech/Reliance-Industries-partners-Siemens-to-offer-homeland-security-systems/article20338114.ece?test=1&textsize=large |website=thehindubusinessline.com |accessdate=14 November 2019}}</ref>
|-
| 2011 || September || {{w|Partnership}} || Reliance Security Solutions Ltd, a subsidiary of the company Siemens Ltd, sign a partners with {{w|memorandum of understandingSiemens}} to jointly develop Homeland Security Solutions homeland security solutions for Highways safe, secure and smart cities and highways in India.<ref name="RELIANCE INDUSTRIES"/>
|-
| 2011 || November || {{w| Joint venture }} || RIL and {{w|British Petroleum}} announce the incorporation of India Gas Solutions Pvt Ltd, an equal-equity joint venture aimed at focusing on {{w|global sourcing}} and marketing of {{w|natural gas}} in India.<ref>{{cite web |title=RIL Forms 50:50 Gas Sourcing & Marketing JV With BP |url=https://www.vccircle.com/ril-forms-5050-gas-sourcing-marketing-jv-bp/ |website=vccircle.com |accessdate=7 November 2019}}</ref><ref>{{cite web |title=BP AND RELIANCE INDUSTRIES ANNOUNCE INCORPORATION OF INDIA GAS SOLUTIONS PVT. LTD. |url=https://www.bp.com/content/dam/bp-country/en_in/india/documents/JV%20announcement%20press%20release.pdf |website=bp.com |accessdate=7 November 2019}}</ref>
|-
| 2012 || January || Financial || RIL announces India's largest share buy-back program comprising buyback of up to 120,000,000 fully paid up equity shares of Rs. 10 each.<ref name=Milestones/>
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| 2012 || February || {{w| Joint venture }} || RIL and Russian petrochemicals company Sibur agree to form a {{w|joint venture}} named Reliance Sibur Elastomers Pvt Ltd to produce 100000 tons of {{w|butyl rubber}} per year in {{w|Jamnagar}}.<ref name="RELIANCE INDUSTRIES"/> "In February 2012, RIL and SIBUR formed a JV to manufacture butyl rubber in India with targeted production capacity of 100,000 tonnes per annum. This JV will be the fourth largest producer of butyl rubber globally. RIL's share in the JV will would total 74.9% while SIBUR will account with Sibur accounting for the rest."<ref name=Milestones/>
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| 2012 || March || Recognition || RIL becomes the first Indian company to be certified as "Responsible Care Company" under stringent standards of {{w|American Chemistry Council}}. RIL's Petrochemical Business wins this accolade for its robust management system.<ref name=Milestones/>
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| 2012 || May || Contract || RIL selects American firm {{w|Fluor Corporation}} to perform project management services for its projects being executed at its {{w|Jamnagar}} refining and petrochemical complex in {{w|Gujarat}}.<ref>{{cite web |title=Reliance selects UK based Fluor for project management at its Jamnagar refinery |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-selects-uk-based-fluor-for-project-management-at-its-jamnagar-refinery/articleshow/13082211.cms?from=mdr |website=economictimes.indiatimes.com |accessdate=17 September 2019}}</ref><ref>{{cite web |title=Fluor Selected by Reliance for Project Management of Refinery and Petrochemicals Expansions in India |url=https://newsroom.fluor.com/press-release/energy-and-chemicals/fluor-selected-reliance-project-management-refinery-and-petrochem |website=newsroom.fluor.com |accessdate=14 November 2019}}</ref><ref>{{cite web |title=Reliance selects UK based Fluor for project management at its Jamnagar refinery |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-selects-uk-based-fluor-for-project-management-at-its-jamnagar-refinery/articleshow/13082211.cms |website=economictimes.indiatimes.com |accessdate=14 November 2019}}</ref>
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| 2013 || January || Renaming || RIL owned Infotel Broadband Services is renamed {{w|Reliance Jio InfocommLimited}}. The subsidiary is the only company in India that is capable of providing {{w|4G}} services through the country because of its 20 MHz pan-India spectrum.<ref>{{cite web |title=RIL’s Infotel Broadband is now Reliance Jio Infocomm: Report |url=https://www.bgr.in/news/ril%E2%80%99s-infotel-broadband-is-now-reliance-jio-infocomm-report-265261/ |website=bgr.in |accessdate=14 November 2019}}</ref>
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| 2014 || May 29 || Acquisition || RIL acquires control in {{w|Network18 Media & Investments Limited}} (NW18) including its subsidiary [[w:TV18|TV18 Broadcast Ltd.]]<ref name="RELIANCE INDUSTRIES"/>
| 2014 || December 9 || Joint venture || RIL announces a joint venture with China's {{w|Shandong Ruyi}} for RIL's textiles business which operates under the Vimal brand.<ref name="RELIANCE INDUSTRIES"/>
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| 2014 || || Financial || {{w|Reliance Retail}} becomes the largest retailer by revenue in the year.<ref>{{cite web |title=Reliance Retail may become India’s largest retailer by revenues |url=https://economictimes.indiatimes.com/industry/services/retail/reliance-retail-may-become-indias-largest-retailer-by-revenues/articleshow/33919541.cms |website=economictimes.indiatimes.com |accessdate=9 November 2019}}</ref><ref name="MAMMOTH"/>|-| 2015 || || Subsidiary || {{w|LYF}} is established by {{w|Reliance Jio}} as a {{w|mobile handset}} company. Headquartered in {{w|Mumbai}}, it manufactures {{w|4G}}-enabled {{w|VoLTE}} smartphones which run on [[w:Android (operating system)|Android]].<ref>{{citation|first=|title=Reliance Industries launches cellphone brand LYF, will sell 4G phone under it|date=16 October 2015|url=http://economictimes.indiatimes.com/magazines/panache/reliance-industries-launches-cellphone-brand-lyf-will-sell-4g-phone-under-it/articleshow/49414719.cms|work={{w|The Economic Times}}|access-date=16 November 2019|last=}}</ref><ref>{{citation|first=|title=Reliance Jio Unveiled A 4G Device Under Lyf Brand|date=10 January 2016|url=http://www.gizmodo.in/indiamodo/Reliance-Jio-Unveiled-A-4G-Device-Under-Lyf-Brand/articleshow/50517335.cms|publisher={{w|Gizmodo}} - India|access-date=16 November 2019|last=|website=}}</ref><ref>{{citation|first=|title=Reliance Jio unveils low-cost 4G mobile phones LYF|date=8 January 2016|url=http://www.financialexpress.com/article/industry/companies/reliance-jio-unveils-low-cost-4g-mobile-phones-lyf/190790/|work=[[w:The Financial Express (India)|The Financial Express]]|access-date=16 November 2019}}</ref>
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| 2015 || December || Recognition || RIL wins 'energy Oscars' Platts Global Energy Award for robust {{w|corporate social responsibility}} role.<ref>{{cite web |title=Reliance Industries wins 'energy Oscars' Platts Global Energy Award for robust CSR role |url=https://www.firstpost.com/business/reliance-industries-wins-energy-oscars-platts-global-energy-award-for-robust-csr-role-2541012.html |website=firstpost.com |accessdate=17 September 2019}}</ref>
| 2015 || December 27 || Service || {{w|Reliance Jio}} launches its services to the group’s 80,000-odd employees and close partners.<ref>{{cite web |title=Reliance Jio to launch services on 27 December |url=https://www.livemint.com/Companies/ef6wf7smcVVA34Z7gOiG3M/Reliance-Jio-to-launch-services-on-27-December.html |website=livemint.com |accessdate=12 November 2019}}</ref>
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| 2016 || April || {{w|Infrastructure}} || {{w|Reliance Jio}} announces the launch of the Bay of Bengal Gateway (BBG), a 8,100 km cable system expected to provide high speed connectivity to {{w|South East Asia}} and the {{w|Middle East}}. The network would then link to Europe, Africa and Far East Asia via interconnection with existing cable systems.<ref>{{cite web |last1=Pacheco |first1=Shrey |title=RELIANCE LAUNCHES 8,100 KM LONG BBG CABLE SYSTEM |url=https://www.digit.in/news/telecom/reliance-launches-8100-km-long-bbg-cable-system-29832.html |website=digit.in |accessdate=17 September 2019}}</ref>
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| 2016 || September || Subsidiary Service || {{w|Reliance Jio}} Infocomm announces the commencement of telecom services with `Jio Welcome Offer'.<ref name="RELIANCE INDUSTRIES"/>
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| 2016 || November 17 || Partnership || RIL and {{w|General Electric}} announce the signing of a global partnership agreement in the {{w|Industrial internet of things}} (IIOT) space to provide Industrial IOT solutions to customers in oil & gas fertilizer power healthcare telecom and other industries.<ref name="RELIANCE INDUSTRIES"/>
| 2017 || June || Partnership || RIL and {{w|British Petroleum}} announce joint development of the `R-Series' deep water gas fields in Block KGD6 offshore the east coast of India.<ref>{{cite web |title=Reliance and BP sanction third phase of integrated KG D6 development |url=https://www.bp.com/en/global/corporate/news-and-insights/press-releases/reliance-and-bp-sanction-third-phase-of-integrated-kg-d6-development.html |website=bp.com |accessdate=7 November 2019}}</ref><ref name="RELIANCE INDUSTRIES"/>
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| 2018 || || Ranking || RIL is ranked 148th on the {{w|Fortune Global 500}} list of the world's biggest corporations as of 2018.<ref>{{cite news | url=http://beta.fortune.com/global500/list/filtered?hqcountry=India | title=Fortune Global 500 list | work=CNN Money | accessdate=17 September 2019}}</ref>|-| 2019 || March || Leadership || According to {{w|Forbes magazine}}, {{w|Mukesh Ambani}} is the richest man in {{w|Asia}}<ref>{{Cite web|url=https://www.financialexpress.com/industry/mukesh-ambani-among-most-trusted-indians-but-these-businessmen-outrank-ril-boss/1584270/|title=Mukesh Ambani among most trusted Indians, but these businessmen outrank RIL boss|date=2019-05-21|website=The Financial Express|access-date=14 November 2019}}</ref> and the 13th richest person in the world.<ref>{{cite web|title=BILLIONAIRES, THE RICHEST PEOPLE IN THE WORLD |url=https://www.forbes.com/billionaires/#69fb91ee251c }}</ref>
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| 2019 || October || Financial || RIL becomes the first Indian firm to cross Rs 9 lakh crore market valuation mark.<ref>{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/reliance-industries-becomes-first-indian-company-to-cross-market-valuation-of-rs-9-lakh-crore/articleshow/71644857.cms|title=Reliance Industries becomes first Indian company to cross market valuation of Rs 9 lakh crore - Times of India|website=The Times of India|access-date=8 November 2019}}</ref>
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