Top 5 profitable businesses of Mukesh Ambani

Mukesh Dhirubhai Ambani is the most successful business tycoon of India. Ambani is one of the richest personalities in India. He is the Managing director, and nearly 45% shareholder of Reliance Industries Limited (RIL), which is a Fortune Global 500 company and largest revenue earning company of India. There had 123 subsidiaries and 10 associate companies under RIL. This company’s core business is petro chemical, refining, retail business, telecommunication,etc. It earned 76% of its revenue from refining, 19% from petrochemicals, 2% from oil & gas and 3% from other segments.Now he became wealthiest person in India. As per the report his net worth is approximately USD 38 billion. In this article, we will share top 5 profitable businesses of Mukesh Ambani which are listed below:

• Reliance Petroleum Ltd.

After merging of Reliance Petroleum with Reliance Industries, Reliance announced India's biggest gas unearthing at the Krishna Godavari basin.And it was one of the largest gas discoveries in the world. This was the first ever natural resources discovery by an Indian private sector company. In 2008 RIL was merged with Indian Petrochemicals Corporation Ltd. India's second largest petrochemicals company.It serves with the advance products and gives the services of high speed diesel, lubricant, petrol, aviation fuel, and others to the different targeted market like two wheelers to flight.

• Reliance Industries Ltd

Dhirubhai was incorporated Reliance Textiles Industries Pvt Ltd. The company expanded with financial and technical collaboration with E.I.du Pont de Nemours &Co.U.S. RIL expanded its polyester business and set up a Polyester Filament Yarn Plant in Maharashtra. In 1985, the name of the company was changed to Reliance Industries Ltd. It is ranked by "Sustainable Plus Platinum Award" in the year of 2016.

• Reliance Industrial Infrastructure Limited (RIIL)

It is an associate company of RIL. The main objective of this company was to setup and supervise industrial infrastructure, build-up pipelines for transporting petroleum products, leasing services, computer software and data processing related services. The company's name was changed to CPPL Limited in September 1992, and thereafter to Reliance Industrial Infrastructure Limited, in March 1994. This company mainly focuses on operation of industrial infrastructure.

• Reliance Retail

The retail business wing of the Reliance Industries is named as Reliance Retail. It had 1466 stores in India in March 2013. It is the largest retailer in India.It is mainly consumer facing business. It provides unlimited choice of products to the customers. Many brands like Reliance Fresh, Reliance Digital, Reliance Trends, Reliance Wellness,Reliance Jewel, Reliance Mart,etc. come under the Reliance Retail brand. Its annual revenue for the financial year 2012–13 was rupees108 billion.

• Reliance Telecommunication services

RIL has been bought 96% shares of Infotel Broadband Services Limited (IBSL) for rupees 4,800 core in June 2010. Later continuing as RIL in collaboration with Infotel Broadband Services Limited formed Reliance JioInfocomm Limited (RJIL). The company commercially started its services on 5 September 2016. It had about 130 million subscribers by October 2017.

In February 2016, Mukesh Ambani-led Jio launched its own 4G smartphone brand named LYF. If you are seeking any kind of support from his side, then you can request him through email at Mukesh Ambani email id or can also call at his office at Mukesh Ambani phone number.

Article Written By Mr. Jawahar Choubey, working since last 8 year with depth knowledge and experience.