The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private
sector enterprise, with businesses in the energy and materials value chain. The
flagship company, Reliance Industries Limited, is a Fortune Global 500 company and
is the largest private sector company in India.
Dhirubhai Ambani founded Reliance as a textile company and led its evolution as
a global leader in the materials and energy value chain businesses. It was in 1957
when he returned to India after a stint with A.Besse& Co., Aden he started yarn
trading business from a small 500 sq.ft. office in Masjid Bunder, Mumbai.he set
up his brand new mill in Naroda, Gujarat. In 1996 Reliance went on to become the
biggest textile brand ‘Only Vimal’. In 1977 the Reliance Textile Industries came
with an IPO which was oversubscribed seven times.