Reliance Industries Limited (RIL) is one of the biggest India based companies, has many types of business including energy, refining, textile and telecommunications business. It was founded by Dhirubhai Ambani. Employing his labour and intelligence, he became the most successful business person in India
The Strengths of Reliance at a glance of Reliance Industries in India
- It is one of the biggest company in India
- Strong brand recognition India
- Outstanding financial position among other
- Showed strong profitability in the history of the company
- One of the few Indian companies to be featured in Forbes
- Near to 27 000 employees
- A very diversified portfolio of business consists of petrol, energy, telecom, retail, etc
- Strong advertising and marketing strategy
- Secured several world-recognized awards as an excellent performing company
- Focused on fast growth and involved in CSR activities
The details of The Key Strengths of Reliance Industries India
Brand Name with financial position help RIL: Reliance is the strongest brand and has a strong capital position which allows the company to expand its business.
The operational benefit: the company has the world’s biggest oil refinery system and it is also one of the world’s biggest private-owned refining organization. With the use of modern technology, Reliance’s operation is very efficient which gives an excellent benefit for Reliance.
Expansion in the retail sector: RRL is slowly expanding throughout the countryside by putting the most emphasis on much backwards integration. With the greatest improvements in the strong value chain from recognized procurement from farmers to selling to existing customers, Reliance has been increasing its operational revenues substantially and become the largest Indian retailer in FY 2016.
Reliance Jio: Reliance Jio set the telecom industry by a heavy storm. The company Reliance has laid out a unique superlative infrastructure for 4G wireless networking services throughout our nation which has provided with the known immense competitive advantage.
As a leading organization: Reliance has numerous known strengths that always help it to thrive in the new and old market places. These strengths help it to protect and improve the market share in existing markets; also, it helps in penetrating the markets existing in other countries.
Free Cash Flow or FCF – Reliance Industries has a strong stream of free cash flows that offer the company with resources in the hand to expand into new projects.
Strong and Diversified Brand Portfolio – Over the years Reliance has involved and invested in building a diversified brand portfolio. The strengths of Reliance Industries underlines that these are strong facts. This strong brand portfolio can be extremely useful for the company if the organization look for expanding into new service and product categories.
Related: Read SWOT Analysis of Apple Inc from here.
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