Reliance Industries AGM 2025 opened with some of the most anticipated announcements in India’s corporate world. At the 48th Annual General Meeting, Chairman Mukesh Ambani confirmed that Jio IPO will hit the markets in the first half of 2026, setting the stage for what could be India’s biggest listing ever. Alongside, Reliance also unveiled its newest venture, Reliance Intelligence, an AI-focused subsidiary built in partnership with Google and Meta.
This year’s AGM was a clear reminder that Reliance is not just an energy and retail giant but also a tech-first innovator. Ambani outlined ambitious goals to double Reliance’s EBITDA by 2027, while pushing forward on its Green Energy mission, including giga-scale solar projects and hydrogen plants. The Reliance Foundation, under Nita Ambani’s leadership, also announced healthcare and education initiatives aimed at impacting millions of lives across India.
As Reliance sets bold ambitions for the future, it’s worth looking back at how this empire was built—from a small textile trader to a global powerhouse. Here’s the creative timeline of Reliance’s journey.
📜 Timeline of Reliance Industries
1960s – Foundation
- 1960: Dhirubhai Ambani and Champaklal Damani started Reliance Commercial Corporation as a yarn trading firm in Mumbai.
- 1966: Incorporated as Reliance Textiles Industries Pvt. Ltd.
- 1973: Renamed to Reliance Industries Limited (RIL).
- 1975: First textile mill set up in Naroda, Gujarat. Brand “Vimal” became a household name.
1977 – India’s IPO Revolution
- Reliance went public with its IPO.
- Thousands of small investors participated, creating India’s first stock market revolution.
1980s – Petrochemicals Era
- 1981: Mukesh Ambani joined the company.
- 1985: Entered petrochemicals.
- 1991–1993: Expanded during India’s liberalization, first Indian company to issue GDRs.
- 1995: Entered telecom sector (Reliance Telecom).
1999 – Jamnagar Refinery
- Established the world’s largest grassroots refinery at Jamnagar, Gujarat.
- Reliance became a refining and petrochemicals powerhouse.
2002 – Leadership Transition
- Dhirubhai Ambani passed away.
- Leadership moved to Mukesh and Anil Ambani.
- Discovered India’s largest gas field in KG-D6 Basin.
2005 – Family Split
- Reliance empire divided between the two brothers:
- Mukesh Ambani: Oil, Gas, Refining, Petrochemicals, Textiles (Reliance Industries Ltd.).
- Anil Ambani: Telecom, Power, Infrastructure, Entertainment (Reliance ADA Group).
2006–2016: Retail & Jio
- 2006: Launched Reliance Retail.
- 2010: Re-entered telecom as Reliance Jio.
- 2016: Jio launched → disrupted telecom with free calls & affordable data.
2017–2020: Global Recognition
- 2017–2019: Jio crossed 300M subscribers.
- 2019: Became India’s first $100B company by market cap.
- 2020: Jio Platforms attracted global investors → Facebook, Google, Intel, KKR, Vista Equity.
2021–2025: Green Future & AI
- 2021: Announced ₹75,000 crore investment in renewable energy.
- 2022: Launched 5G services.
- 2025 AGM: Announced Jio IPO (2026), Reliance Intelligence (AI subsidiary), and bold green energy plans.
Reliance isn’t just building businesses—it’s building India’s next growth story.
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