Reliance Industries Limited announced the appointment of Anant Ambani as a whole-time director. He has been appointed for a term of five years, starting from May 1, 2025. Prior to the newly appointed role, Anant Ambani has served as a non-executive director on Reliance's board.
He is a part of the boards of several Reliance group companies, such as Jio Platforms, Reliance Retail Ventures, Reliance New Energy and Reliance New Solar Energy. Anant has also been a board member of Reliance Foundation since September 2022. Anant's siblings, Akash Ambani and Isha Ambani, currently serve as non-executive directors on the Reliance Board.
Akash is also the chairman of Reliance Jio Infocomm, the telecom and digital services arm of the group, and Isha is an executive director at Reliance Retail Ventures Ltd, the group's retail arm.
Reliance Industries Ltd is a diversified group organized around 6 areas of activity:
- refining of petroleum products (58.4% of net sales): liquefied petroleum gas, propylene, naphtha, gasoline, kerosene, etc. At the end of March 2021, the group operated a refinery in India. The group also produces petrochemicals (polyethylene, polypropylene, polyvinyl chloride, polyester, purified terephthalic acid, paraxylene, ethylene, olefins, benzene, butadiene, acrylonitrile and caustic soda);
- distribution of consumer products (28.3%): distribution of food products, clothing and accessories, consumer electronics, etc. through a network of 12,711 stores in India;
- digital services (5.1%);
- exploration and production of crude oil and natural gas (0.3%);
- financial services (0.2%);
- other (7.7%): telecommunications and media services, textile manufacturing, etc.
India accounts for 61.5% of net sales.
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