Changes

Jump to: navigation, search

Timeline of Reliance Industries Limited

2 bytes removed, 15:58, 13 November 2019
Big picture
==Big picture==
{| class="wikitable"
! Time period !! Development summary !! 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>
|-
| 1966–1977 || First textile phase || Reliance organizational features change when first one and then a few other narrowly-held private limited companies are added to the group’s stable. Reliance Textiles is established and a number of textile companies are incorporated into the group. While exports are continued as a means of securing import entitlements, by the mid-seventies manufacturing and sales activity is mainly directed towards the domestic market. The group export earnings even decline, while the dependence on imports for production and expansion activity remains substantial.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 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 || RIL business diversifies and the group enters the {{w|telecommunications}} industry. In 1992 RIL becomes the first Indian company to raise money in global markets.
|-
|}
{| class="wikitable"
|-
|}
 
{| class="wikitable"
! Time period !! Development summary !! 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>
|-
| 1966–1977 || First textile phase || Reliance organizational features change when first one and then a few other narrowly-held private limited companies are added to the group’s stable. Reliance Textiles is established and a number of textile companies are incorporated into the group. While exports are continued as a means of securing import entitlements, by the mid-seventies manufacturing and sales activity is mainly directed towards the domestic market. The group export earnings even decline, while the dependence on imports for production and expansion activity remains substantial.<ref name="From “Outsider” to Insider: The Case of Reliance"/>
|-
| 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 || RIL business diversifies and the group enters the {{w|telecommunications}} industry. In 1992 RIL becomes the first Indian company to raise money in global markets.
|-
|}
 
==Full timeline==
62,434
edits

Navigation menu