City
Epaper

TIME recognises Reliance Industries as one of world’s most influential companies

By IANS | Updated: May 30, 2024 19:15 IST

New Delhi, May 30 Reliance Industries was included in the prestigious TIME’s list of 100 World’s Most Influential ...

Open in App

New Delhi, May 30 Reliance Industries was included in the prestigious TIME’s list of 100 World’s Most Influential Companies of 2024 under the ‘Titans’ category.

This was the second time Reliance Group’s revolutionary work was recognised by TIME.

Jio Platforms was included in the inaugural TIME 100 Most Influential Companies List of 2021. This gives Reliance the unique distinction of being the only Indian company to win the recognition twice.

TIME called Reliance Industries ‘India’s Juggernaut’ in its latest listing. It mentioned: “Reliance Industries was founded as a textile and polyester company 58 years ago by Dhirubhai Ambani. Today the sprawling conglomerate — which has aligned its growth with Indian Prime Minister Narendra Modi’s vision for a “self-reliant” India — is the country’s most valuable company, with a market capitalisation of more than $200 billion.”

Reliance Industries Ltd has revolutionised several economic sectors in the world’s most populous country India by making world-class products and services available at affordable prices with multiple innovations.

Under the visionary leadership of Chairman Mukesh Ambani, RIL has spearheaded many transformative and inclusive initiatives, such as:

o Jio revolutionised India’s digital landscape and drove digital inclusion on an unprecedented scale with the most affordable mobile data tariffs in the world.

o Reliance set up the world’s largest single-location refining complex.

o Reliance Retail is among the top 100 retailers globally and in FY2024. it registered 1.06bn footfalls across its 18,800+ stores (67% of which are in small towns & villages).

o Reliance is investing $10bn in building the most comprehensive ecosystem for New Energy and New Materials in India to secure the promise of a sustainable future.

o Reliance has set an ambitious goal to reach net zero carbon by 2035 and is taking various steps to achieve it.

Led by Founder Chairperson Nita M Ambani, Reliance Foundation has already touched the lives of more than 76 million people across India in more than 55,550 villages and urban locations.

This was the fourth edition of the annual TIME100 Most Influential Companies list, highlighting companies making an extraordinary impact around the world.

--IANS

san/dan

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalUS needs to "adhere to its commitments" of ceasefire: Iran's FM Araghchi says Lebanon integral part of deal

Other SportsIPL 2026: Patidar's fighting 63 propels RCB to 201/8 vs RR in Guwahati

EntertainmentDocuseries 'Welcome to Wrexham' renewed for three more seasons

Entertainment'Emily in Paris' Season 6 to be shot in Greece, Monaco

NationalUttarakhand CM Dhami pays courtesy visit to Governor Gurmit Singh at Lok Bhavan

Business Realted Stories

BusinessTimely intervention cleared 90 pc cargo backlog amid Strait of Hormuz disruptions: Minister

BusinessKarnataka sets record in hydropower generation as KPCL produces 15,509 million units

BusinessGovt clears 52 textile units worth Rs 6,708 crore under PLI​

Business4 crore passengers travelled with Vande Bharat Express in FY26 at 34 pc growth

BusinessWomaniya' initiative of GeM, sees 27.6% growth, Rs 28,000 crore contracts awarded to women MSEs