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Timeline of Reliance Industries Limited

6 bytes added, 14:02, 8 November 2019
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! Time period !! Development summary
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| 1960s 1950s ||In the late decade, {{w|Dhirajlal Hirachand Ambani}} in India establishes an import-export business, eventually focusing on the textile market, which would become Reliance Textiles.
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| 1970s 1960s ||Reliance launches textile manufacturing, building its first factory.
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| 1980s 1970s || "Into the early 1980s, Ambani was joined by sons Mukesh and Anil. Both had been sent to the United States for their education and, upon their return to India, played a prominent part Reliance goes public in implementing Reliance's next phase one of growth. Just as the company had moved from the sale of textiles to their manufacture, Reliance became determined to continue its backward integration first and largest public offerings in order to produce the chemicals from which the textile yarns were made."<ref name="referenceforbusinessIndia.com"/>
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| 1990s 1980s ||In 1981 The company begins construction of a polyester filament yarn facility in {{w| "Reliance made preparations for its move into the petroleum industryPatalganga}}. In 1991the decade, Dhirajlal sons [[w:Mukesh Ambani|Mukesh]] and [[w:Anil Ambani|Anil]] start playing a prominent part at RIL, which seeks to produce the chemicals from which the company set up textile yarns were made. After Ambani suffers a new subsidiarystroke in 1986, Reliance Refineries Private Ltd.Mukesh and Anil take over day-to-day direction of the company, clearly signaling which launches its objectivesfirst petrochemicals production as part of a vertical integration strategy. The subsidiary later changed its <ref name to ="referenceforbusiness.com"/>|-| 1990s || Reliance Petroleum LimitedRefineries is established in 1991, and launches its public offering in 1993 launched a public offering, which at that time was . In 1997 Reliance Petroleum launches construction of India's largest ever IPOoil 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"/>
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| 2000 || Following the acquisition of Trevira in 2004, RIL becomes the world's leading polyester manufacturer, with production levels topping 25 million meters per year.<ref name="referenceforbusiness.com"/>
| 1932 || || || {{w|Dhirajlal Hirachand Ambani}} is born to a lower middle class schoolteacher's family in {{w|Chorwad}}, {{w|Gujarat}}.<ref name="referenceforbusiness.com">{{cite web |title=Reliance Industries Ltd. |url=https://www.referenceforbusiness.com/history2/78/Reliance-Industries-Ltd.html |website=referenceforbusiness.com |accessdate=8 November 2019}}</ref>
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| 1948 || || || Instead At the age of 16, instead of becoming a teacher himself as an alernative of not being able to afford university, Ambani travels to the port city of Aden at the age of 16. There, Ambani began where he begins working as a clerk pumping gas at a service station. Ambani remained would remain in Aden for nearly ten years, rising to become Burmah Shell's marketing manager. By then, however, Ambani had begun to dream of founding his own business."<ref name="referenceforbusiness.com"/>
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| 1957 1958 || || || "Dhirubhai In the midst of a worsening political situation in Aden, Ambani returns to India in 1957 after a stint with A. Besse & Co., Aden, Yemen. He where he starts a yarn trading business from a small 500 sq. ft. square feet office in Masjid Bunder, {{w|Mumbai, but dreams of establishing India’s largest company}} 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>|-| 1958 || || || "Ambani quit Burmah Shell and for a time worked in the insurance field. In the late 1950s, the political situation in Aden had become increasingly unstable. In 1958, therefore, Ambani decided to return to India and start up a new business as an exporter of Indian goods to Aden. Finding housing for his young family in a Mumbai slum, Ambani at first rented office space, or rather a desk, for two hours per day. Initially, Ambani's Initial exports included include spices as well as fabrics.<ref name="referenceforbusiness.com"/><ref name="referenceforbusiness.com"/>
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| 1966 || February 11 || || Reliance Textiles Industries Pvt Ltd is founded by {{w|Dhirubhai Ambani}} in {{w|Bombay}}.<ref name="Reliance Industries Ltd"/><ref name="RELIANCE INDUSTRIES"/>
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| 1966 || || Facility || A synthetic fabrics mill is established at {{w|Naroda}} in {{w|Gujarat}}.<ref name="Reliance Industries Ltd"/>
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| 1966 || May 8 || || 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>
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| 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"/>
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| 2004 || || || RIL locates a new gas field in the {{w|Bay of Bengal}}, off the Orissa Coast.<ref name="referenceforbusiness.com"/>
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| 2004 || || || "Reliance emerges 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 published in Business Today's October issue."<ref name="ndtv.com"/>
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