A look at the dependency industries of Mukesh Ambani and its large array of brands

The growth and timeline of Mukesh Ambani’s business empire

Started as a textile company by businessman Dhirubhai Ambani, Reliance has grown over the decades to become one of India’s largest private sector companies.

Today, Reliance has built an extensive network of brands and subsidiaries by tapping into almost every market and serving the diverse needs of more than a billion people in India, and has launched its products globally.

Mukesh Ambani, son of Dhirubhai Ambani, who heads Reliance Industries, ranks ninth among the world’s richest individuals according to the Bloomberg Billionaires Index.

The billionaire has built an empire, expanding Reliance’s reach into every industry from food to technology to sports, and achieving a global presence.

Below is the timeline and extensive lineup of brands, reflecting how Reliance has scaled over the years:

Stores:

Reliance Industries has online and offline stores with products ranging from groceries to electronics. It launched its e-commerce platform, JioMart, in 2020.

It initially sold groceries, but Reliance later added other categories, including fashion, electronics, beauty, home improvement, sports, toys, and luggage.

Reliance also ventured into the e-health space, acquiring a majority stake in online pharmacy Netmeds in 2020.

The conglomerate also opened its own online fashion portal called Ajio in 2016.

Reliance Industries also hosts other brands, such as Reliance Trends, Reliance Digital, Reliance Fresh, and Reliance Jewels, with independent stores.

In addition, Reliance Industries acquired British toy store Hamleys in 2019 and opened its 100th store in India in the same year.

Reliance bought a majority stake in the online furniture marketplace Urban Ladder in 2020 and brought home furnishing brand Pottery Barn to India in 2022.

Reliance Industries also has a diverse range of in-store brands under its umbrella.

These include an instant coffee brand called Kaffe, Calcident, which offers oral care products, Scrubz, which sells dishwashing products; and Team Spirit for sport-inspired casual wear.

Reliance Industries partnered with 7-Eleven, an American convenience store, in 2021 and brought it to India.

Digital services:

Reliance also has a significant presence in the digital space with its digital products.

Reliance’s JioSaavn, a music streaming application, was introduced after Reliance acquired Jio Saavn Media Private Limited in 2018.

Reliance also owned ed tech company Embibe, movie streaming application JioCinema, GST service provider JioGST, and JioTV.

Mukesh Ambani launched his telecom company Jio in 2016 and disrupted the market by offering free voice calls and data.

Reliance Industries also acquired media group Network18 in 2014. The group has several news channels, digital news portals, TV channels, a streaming platform and an integrated film studio called Viacom18.

Textile:

Reliance Industries owns brands such as Georgia Gullini, Armor, Nice, Only Vimal, D-creased, Marco Mancini, and H. Lewis among others in its textile vertical.

Petroleum:

Reliance trades in petroleum products through the Reliance Petroleum Retail and Reliance Aviation brands.

Products include LPG, propylene, gasoline, high speed diesel, jet turbine fuel and petroleum coke.

Partnerships and investments in startups:

Reliance Industries has also acquired several startups and partnered with global brands to bring them to India.

It purchased a majority stake in Mumbai-based logistics startup Grab in 2019 and also acquired Indian language services and technology company Reverie in the same year.

Reliance also acquired Milkbasket in 2021, a micro-delivery service for groceries and daily necessities.

Reliance also has an exclusive partnership with a number of international brands. These include luxury fashion brands such as Giorgio Armani, Gas, Hugo Boss, Armani Exchange, Emporio Armani, Jimmy Choo and Burberry.

Reliance also recently signed a deal with Balenciaga to bring the high-end fashion brand to India.

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