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Edited from: "Letter to shareholders", Annual Report 2007-08 and company website
Reliance Industries (RIL) is entering fiscal 2008-09 with the clear message that while its
growth is “planned and focused”, it is also “spontaneous and self-energising”. In
addition, the company states that it is “on the path to improving its global ranking” in
polymers by building “extremely competitive” new assets in India.
“Our outlook for the future continues to be optimistic. It is driven by the fact that the
fulcrum of economic growth is shifting to Asia, propelled primarily by the unprecedented
growth paradigm of the two most populous countries in the world, India and China”, says
chairman and managing director Mukesh Ambani.
Building and sustaining leadership position across its product categories in the domestic
markets;
Pursue inorganic growth opportunities, which are strategic to its intents and will have the
potential to create greater value for its shareholders.
Looking ahead, RIL will make strategic decisions with regard to its "emerging"
businesses, these include:
Investing in businesses that can scale rapidly and generate returns over an extendable
period of time; and
Aspire to be the lowest cost manufacturer/service provider, which it believes will result in
RIL gaining "dominant market leadership".
ICIS Chemical Business magazine has unveiled the ICIS Top 100 Chemical Companies,
with rankings based on 2008 sales.
A PDF of the ICIS Top 100 Chemical Companies is available for download on ICIS
connect.
See the article and analysis of the ICIS Top 100 on ICIS news.
2009
2008
2007
2006
2005
Net Profit (Yen m)
15,279
19,458
11,943
9,069
7,572
Number of Employees
--
25,487
24,696
12,540
12,113
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