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How Reliance Became India's Biggest Company [Reliance Industries Case Study]

Devashish Shrivastava

Devashish Shrivastava

Reliance Industries Limited (RIL) is an Indian organization headquartered in Mumbai, India. Founded by Dhirubhai Ambani, the present Reliance Industries CEO is his son Mukesh Ambani.

Reliance has its entities across domains like vitality, petrochemicals, materials, common assets, retail, and broadcast communications. Reliance is one of the most prominent businesses in India, the biggest "traded on an open market" organization in India by showcase capitalization, and the biggest organization in India as estimated by income after it outperformed Indian Oil Corporation sometime back. On 18 October 2007, Reliance Industries became the first Indian company to cross $100 billion market capitalization.

The organization is positioned 106th on the Fortune Global 500 rundown of the world's greatest enterprises as of 2019 . It was positioned eighth among the Top 250 Global Energy Companies by Platts in 2016. Reliance continues to be India's biggest exporter, representing 8% of India's all-out exports with an estimation of Rs 147,755 crore and access to business sectors in 108 countries. Reliance is answerable for nearly 5% of the legislature of India's complete income from traditions and extracts obligation. In 2019, Reliance Industries Limited became the first Indian business to cross Rs 9 lakh crore valuation mark.

This post by StartupTalky is a case study on Reliance Industries Limited, which will let you know about Reliance company, Reliance Industries founder, Reliance Industries CEO, Reliance Company details, Reliance services company, History of Reliance Industries, Marketing Strategy of RIL, Growth, Revenue, Profit of Reliance Industries Limited and more.

History And Origin Of Reliance Industries Limited Marketing Strategy Of Reliance Industries Limited Growth And Future Of Reliance IndustriesLimited Revenue And Profit Of Reliance Industries Limited

History And Origin Of Reliance Industries Limited

In 1966, Reliance Textiles Engineers Pvt. Ltd. was consolidated in Maharashtra . It built a manufactured textures plant around the same time at Naroda in Gujarat . On 8 May 1973, it moved towards becoming Reliance Textiles Industries Limited. In 1975, the organization extended its business into materials with "Vimal" forming its image in the later years.

The organization held its initial open offering (IPO) in 1977. Sidhpur Mills, a materials organization, was amalgamated with Reliance Textiles in 1979. In 1980, the organization extended its polyester yarn business by setting up a Polyester Filament Yarn Plant in Patalganga (Maharashtra) with monetary and specialized coordinated efforts from E. I. duPont de Nemours and Co., U.S.

In 1985, the name of the organization was changed from Reliance Textiles Industries Ltd. to Reliance Industries Limited. Between 1985 to 1992, the organization extended its introduced limit with regards to delivering polyester yarn by more than 145,000 tons per year.

In 1993, Reliance went to the capital markets abroad for assets through a worldwide depository issue of Reliance Petroleum. In 1996, it turned into the first private division organization in quite a while to be appraised by worldwide FICO assessment offices. In 1995/96, the organization entered the telecom business through a joint endeavor between NYNEX, USA, and advanced Reliance Telecom Private Limited in India.

In 2001, Reliance Industries Limited and Reliance Petroleum Ltd. turned into India's two biggest organizations as far as all major monetary parameters were considered. In 2001–02, Reliance Petroleum converged with Reliance Industries. In 2002, Reliance reported India's greatest gas revelation (at the Krishna Godavari bowl) in almost three decades. The setup volume of gaseous petrol was more than 7 trillion cubic feet, proportionate to about 1.2 billion barrels of unrefined petroleum.

This was the first, historically speaking, disclosure by an Indian private company. In 2002–03, RIL bought a larger stake in Indian Petrochemicals Corporation Ltd. (IPCL), India's second-biggest petrochemicals organization, from the administration of India. IPCL later converged with RIL in 2008.

In 2005 and 2006, the organization revamped its business by de-merging its interests in control age and appropriation, money-related administrations, and media transmission administrations into four separate entities. In 2006, Reliance entered the retail showcase in India with the dispatch of its retail location position under the brand name 'Reliance Fresh'. By the end of 2008, Reliance retail had near 600 stores crosswise over 57 urban communities in India.

In November 2009, Reliance Industries gave 1:1 extra offers to its investors . In 2010, Reliance entered the broadband administrations showcase with the securing of Infotel Broadband Services Limited; the latter was the main effective bidder for the skillet India fourth-age (4G) range sale held by the legislature of India.

Journey Of Reliance Industries Limited

Around the same time, Reliance and Bharat Petroleum declared an association in the oil and gas business. BP took a 30% stake in 23 oil and gas creation sharing agreements that Reliance works in India, including the KG-D6 hinder for $7.2 billion. Reliance likewise shaped a 50:50 joint endeavor with BP for sourcing and showcasing gas in India. In 2017, RIL set up a joint endeavor with Russian Company Sibur for setting up a Butyl elastic plant in Jamnagar (Gujarat) that became operational by 2018. Click here to know about the Subsidiaries that make Reliance successful .

Reliance Industries is currently one of the biggest Indian multinational conglomerates that has diversified into many verticals today. Reliance Industries headquarters is in Mumbai, Maharashtra, of which, Reliance is the largest publicly-traded company by market capitalisation.

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Marketing Strategy Of Reliance Industries Limited

The organization was established by Dhirubhai Ambani and Champaklal Damani in the 1960s as Reliance Commercial. The marketing mix of Reliance covers 4Ps (product, price, place, and promotion) and explains Reliance Industries' marketing strategy is as follows:

Reliance Industries Limited is perhaps the greatest aggregate in India. Its business is available in different segments which are concentrated to comprehend Reliance's item system in its showcasing blend. The retail segment incorporates Reliance Fresh, Big Bazaar, Reliance Mart, Reliance Market, Reliance Home Kitchen, Reliance iStore, Reliance Solar, and more.

Reliance Life Sciences is associated with medicines, plants, and biotechnology as it has some expertise in marking, assembling, and promoting Reliance enterprises items in bio-pharmaceuticals. Reliance's coordination comprises transportation, dissemination, coordination, inventory network-related exercises, and telemetry arrangements. Reliance Jio Infocomm Ltd . is a broadband specialist co-op that gives 4G administrations. Relicord is claimed by Reliance Life Sciences and gives blood banking administrations. Reliance Industrial Infrastructure Limited deals with the development and activity of pipelines for moving oil-based commodities . Subsequently, this gives an outline of the contributions of Reliance Industries.

case study on reliance company

Reliance Industries Limited pursues a distinctive valuing methodology for various segments. Thus, the advertising blend and evaluation technique of Reliance Industries is unique in light of rivalry and market administration in certain parts. It pursues entrance valuing for retail, media transmission, and well-being. At the point when the organization propelled Reliance Jio, it offered free Jio administrations to its clients during the dispatch time frame to build a piece of the pie. Be that as it may, the retail and media transmission parts are at misfortune; however, the organization is giving ideas to clients to build its client base.

The evaluating choices on its oil business rely upon the full-scale condition components and worldwide market situation to a great extent. Reliance Fresh outlets, for example, secure their items directly from the source, eliminating the middlemen in this way. This is advantageous to the shopper as the markdown price and value decrease. Reliance Industries performs exhaustive evaluation before valuing its choices, and this evaluation is a persuasive factor for its ascent in the aggressive market.

case study on reliance company

Reliance Industries has a solid nearness all over India. Reliance Retail is the biggest retailer that has more than 1500 stores crosswise over India. Here are the investors that makes Reliance Retail, one of the largest retailer in India . Different brands like Reliance Fresh, Reliance Footprint, Reliance Digital, and Reliance Trends have arrived in Tier 1 and Tier 2 urban areas.

Reliance Jio sim administrations are accessible crosswise over significant areas and its network has improved significantly over the last years.

Reliance Industries' dispersion system is so well-arranged that it has a strong grip across the country. Reliance gets crude materials directly from the source; consequently, it has pulled in an enormous number of clients because of the advertisements. Reliance clients can speak with the agents by calling administrations or online channels.

Reliance Industries meets with its shareholders in annual general meetings, which it holds every year. This Annual General Meeting (AGM) was held virtually on July 15, 2020, which became the first virtual AGM after TCS had done it on June 11, 2020. The Ministry of Corporate Affairs (MCA), owing to the current circumstances, has permitted companies to hold their Annual General Meetings through video conferencing or other Audio Visual means to avoid large public gatherings. The meeting with all the shareholders was held on 15th July at 2 PM through a video conferencing platform. This was the 43rd AGM for Reliance Industries Limited. Many big announcements were made during today’s AGM, where the most significant of them all is that Google has announced that it will invest $4.5 billion, which is approximately INR 33,737 crores in Reliance Jio at a stake of 7.7 %. After only 2 days since Google announced that it will invest $10 billion or INR 75,000 crores in the Indian digital market, Reliance has made this announcement. Google has joined Facebook in the big investors' list of Jio, a subsidiary of Reliance Industries Limited. RIL announced in the AGM that Google along with Reliance Jio will work on developing low-cost, entry-level mobile devices with a customized version of Android to serve millions of new customers in India. Mukesh Ambani informed that these mobile phones will come with the support of the future of wireless networks - 5G, and the Google Play services. Sundar Pichai also sent a video message regarding the partnership between Google and Jio Platforms. In the video message, he said, “Getting technology into the hands of more people is a big part of Google’s mission. To organize the world’s information and make it universally accessible and useful is another part of the mission. Through this partnership with Jio Platforms, we see the chance to have an even greater impact than either company could have alone. ”

Everyone should have access to the internet. Proud to partner with @reliancejio to increase access for the hundreds of millions in India who don’t own a smartphone with our 1st investment of $4.5B from the #GoogleForIndia Digitization Fund. https://t.co/1fP8iBZQfm — Sundar Pichai (@sundarpichai) July 15, 2020

He also added, “This partnership is a key part of Google’s next chapter of investments in India. Our investment of $4.5 billion in Jio is the first and biggest through the digitization fund of $10 billion. I am excited that the collaboration will focus on the increase in access for hundreds of millions of Indians who do not currently own a smartphone and the improved mobile experience for all.“ Mukesh Ambani informed the shareholders of RIL that Jio Phone still remains the most affordable 4G supporting phone. He informed that about 100 million Indians have upgraded their feature phones to Jio Phones, but 350 million Indians still own a 2G feature phone and are waiting to upgrade to an affordable and conventional smartphone. He said that Jio aims to develop affordable 5G phones at only a fraction of its cost and to achieve this they need an equally value-engineered smartphone Operating System which will be provided to them by Google under their new partnership.

Mukesh Ambani further said, “Putting a smartphone in the hands of every Indian is our aim. India is standing at the doorsteps of the 5G era. They should not be deprived of the benefits that the digital and the data revolution offers. Jio is determined to make India ‘2G Mukt ’ ”.

Mukesh Ambani also talked about the ‘Digital India’ movement. It is very clear that this partnership of Google with Jio Platforms will definitely help India towards its goal of ‘Digital India’.

Previously, the AGMs have been held by Reliance at many different venues that including auditoriums, football stadiums, and other big grounds. For the last few years, however, Birla Matushri Sabhaghar has been the venue for the meetings. In 2020, however, owing to the Coronavirus (COVID-19) pandemic, companies are compelled to hold these meetings online through video conferencing. In the pandemic-stricken year, like all the previous years, the meeting was held between the shareholders of the company. The annual report of the company was presented to them, which contained the performance and strategies of the company. The new plans and features for the next year were also included. Furthermore, the shareholders got to ask questions and vote on topics that were related to the functioning and betterment of the company. It was during the Annual General Meeting of 2016, that Reliance Jio was commercially launched, which changed the face of the telecom industry and brought about an internet revolution in India. The previous meeting, which was the 42nd AGM, was held in The Birla Matushri Sabhaghar on 12th August 2019. The key points of the meeting were:

  • Announcement of the launch of Jio Fibre service.
  • Mukesh Ambani said that they have a clear roadmap for becoming a zero net debt company by 31st March 2021. This feat was achieved much earlier than expected and RIL have become a zero net debt company a few days ago after it raised around ₹1.69 lakh crore from global investors such as Facebook.
  • The announcement of the launch of the new 4K supported Jio Set Top Box.
  • Mukesh Ambani announced to the shareholders that the company's turnover has crossed ₹130,000 crores, making it India's largest retailer and 4 times larger than the 2nd retailer. The company became larger than all other major retailers in the country put together.

Reliance Industries is vigorously working on publicizing and brand advancement. The special procedure in the advertising blend of Reliance Industries is engaged towards 360-degree marketing and forceful brand advancement. Reliance uses the slogan "Development is Life" and has typified its slants of taking individuals together. RIL proprietor Mr. Mukesh Ambani has now owned the Mumbai Indians franchise for a long time, and the purchase of a cricket team has been instrumental in bringing the Reliance brand under the spotlight.

Reliance Industries has roped in Bollywood celebrity Hrithik Roshan for underwriting Reliance Telecom. It declares limits and leads for different special exercises at various Reliance outlets. Because of its solid image mindfulness, Reliance Industries has pulled in clients at its stores. Customer happiness has lead to its expanded client base. Consequently, this covers the promoting blend of Reliance Industries.

Growth And Future Of Reliance Industries Limited

The Indian economy remained the quickest developing significant economy on the planet in 2018. In FY 2018-19, the evaluated Gross Domestic Product development rate was 6.8%, driven by solid private utilization development at 8.1%. The economy kept on seeing an expansion in speculations with gross fixed capital formation development at a six-year high of 10%. Know the Reasons why Reliance Industry's profit increased by 35% in 2021 .

Reliance Industries Expenditure

For FY 2018-19, India's oil request developed at about 3% y-o-y with utilization-driven request development in gas (+8.1%), Gasoil (+3.0%), and stream fuel (+9.1%). The interest was driven by powerful development in business vehicle deals and solid air traffic development during the year. On the provincial side, though tractor deals and three-wheeler deals declined from the highs of FY 2017-18, they kept on developing in twofold digits.

Household request development for petrochemical items was solid with both polymer and polyester requests developing at 7.0% y-o-y. Reliance Jio has impelled India to turn into the biggest versatile information devouring economy on the planet. With omnipresent and dependable information administrations, information systems are progressively being utilized for media and stimulation, instruction, showcase data, and exchanges.

The appropriation of advanced exchanges saw exponential development. UPI installments developed from 0.7% of GDP in FY 2017-18 to 4.7% in FY 2018-19 while charge card development found the middle value of a solid 32% y-o-y in FY 2018-19. Individual utilization patterns stayed solid with individual credit at a sound 18% y-o-y. Reliance Retail keeps on profiting by solid interest development crosswise over purchaser staples, optional merchandise, and its capacity to convey an unrivaled client experience and offer.

Reliance Industries Limited Growth

Refining And Marketing - Weak Light Distillate Cracks Lead Down Margins

During the year, benchmark Brent oil costs were up 22% due to geopolitical pressures, supply interruptions from Venezuela, Iran, and Libya just as OPEC+ creation cuts. Request development was affected by the high siphon level costs in the US and different economies coupled with the slow development in the Chinese economy.

RIL's gross refining edges declined to $9.2/bbl due to feeble light distillate breaks; this was somewhat counter-balanced by flexible center distillate splits. Operational greatness and adaptability helped Reliance keep up a noteworthy $4.3/bbl premium over the territorial benchmark-Singapore Refining Margins. The strong presentation by Reliance's refining business was bolstered by proactive unrefined sourcing, enhancing of item yields, and vigorous hazard in a difficult domain.

Petrochemicals - Resilient Business Model Shining Through

Petrochemicals business conveyed its best execution with an EBITDA commitment of 37,645 crores, up by 45.6% y-o-y. Petrochemical generation was additionally at a record high of 37.7 MMT, up 16% y-o-y.

The solid outcomes were accomplished in a situation of declining usage rates in key item chains with a new supply increase. This exhibits the strength of Reliance's action plan which is dependent on linkages between refining and petrochemical chains, feedstock adaptability, and wide item portfolio. While polymer chain edges were affected by new supplies out of the US Ethane-based wafers, polyester bind gains kept on increasing, driven by solid PTA and PX edges. With the initiation of ethane splitting at Nagothane, the key parts of Reliance's petrochemical speculation cycle are adding to its income.

Oil And Gas Exploration And Production

Reliance has attempted the improvement of High-Pressure High Temperature (HPHT) R-Cluster, Satellite-Cluster, and D55 (MJ) fields. First gas from R-Cluster is normal by mid-2020 followed by Satellite Cluster and MJ fields. The new improvement will use Reliance's collaboration with BP, the existing framework in the Krishna-Godavari Basin, and the downturn in the capital hardware and specialist organization advertise.

Reliance Retail - Growth Across All Key Consumption Basket

Reliance Retail accomplished a record turnover of INR 1,30,566 crore, up 88.7% y-o-y. Turnover development was driven by quick store extension and strong development in same-store-deals. Reliance Retail accomplished its most elevated EBITDA of INR 6,201 crores, up 145% y-o-y. The solid working presentation was driven by a 100 bps improvement in EBITDA to 4.7%. Proceeding with a solid development force, Reliance Retail has accomplished an income CAGR of 55% and EBITDA CAGR of 76% in the last 5 years.

Reliance Retail had 10,415 retail locations in more than 6,600 towns and urban areas covering a zone of 22.0 million sq. ft. as of March 2019. A record footfall of more than 500 million was witnessed during the year, a development of 44% y-o-y. Reliance Retail is working on plans to dispatch a separate new commerce stage which will empower little shippers across India to contend in a computerized age.

Digital Services - Strong Traction In Subscriber Addition And User Engagement

Reliance Jio has over 400 million users to date and is currently India's biggest portable telecom administrator positioned by Adjusted Gross Revenue (AGR). Jio comes out on top if Average Revenue Per User (ARPU) (126.2/month) is considered along with sound normal voice utilization (823 minutes for every client every month) and normal information utilization (10.9 GB per client every month).

Jio is intending to give a worldwide standard wireline framework and administration in India through FTTH and Enterprise contributions. To quicken this rollout, RIL has made vital investments in Hathway Cable, Datacom Limited, and DEN Networks Limited. Jio likewise keeps on executing its arrangements of building an advanced biological system spreading crosswise over media, excitement, trade, training, human services, and horticulture.

Media - Strengthening Offering Ahead Of Evolving Market Trends

Reliance is focused on offering media content for the Indian market as a feature of its computerized administration's bunch. As a component of this dedication, Reliance is putting resources into the production of unique substance significant for the developing patterns in media utilization. Through possessed substance motors and cooperative organizations, Reliance is building a broad media content library that will take into account all portions of the crowd and dovetail with its wide conveyance stages.

Reliance's media organization Network18 proceeded on its development direction and put resources into key regions to fill blank spaces and sustain its position as a leader.

Advanced Platforms

During the year, Reliance started stage-driven association procedures to tap the noteworthy potential for its organizations to improve proficiency and encourage educated and basic leadership procedures.

Land Developments

RIL went into a Memorandum of Understanding (MoU) with the Government of Maharashtra to build a Global Economic Digital and Services Hub with worldwide associations. RIL through its completely claimed backup has gone into an MoU with NMSEZ to a sub-rent place that is known for around 4,000 sections of land alongside related improvement rights. The project will usher in industry revolution 4.0 in Maharashtra and prompt critical industrial development by offering world-class infrastructure and collaboration with the best of worldwide innovation organizations in the areas of Innovation and Learning, Research and Development, Technological Advancement, and Manufacturing and Service capacities.

Indian Film Combine

RIL through its completely claimed backup has procured a dominant stake in the Indian Film Combine, and it is building a Drive-in Theater, Hotel, Retail Mall, and Clubhouse at Bandra Kurla Complex (BKC) in Mumbai.

JIO World Center

Reliance is also building a best-in-class, world-class convention center, performing arts theater, retail mall, office space, and clubhouse at Bandra Kurla Complex (BKC), Mumbai. These undertakings are planned for making BKC the most alluring retail, entertainment, and cultural area of Mumbai city backed by a world-class convention center.

The last two years were portrayed by unstable, large-scale financial conditions. Adding to vulnerability were higher oil costs in the principal half of the year and expanding geopolitical pressures as the year progressed. Reliance accomplished its best execution in this condition with record commitment from its petrochemicals, retail, and advanced administrations units. "Strong working execution for the year underscored the quality of the petrochemicals business that we have fortified throughout the last speculation cycle. Moreover, our purchaser organizations keep on scaling new statures with industry driving measurements. The adaptability of retail and computerized administration business stages has made an exceptional incentive for all partners," a Reliance representative added.

Revenue And Profit Of Reliance Industries Limited

case study on reliance company

Reliance accomplished solidified income of INR 6,22,809 crores ($90.1 billion), an expansion of 44.6% when contrasted with INR 4,30,731 crores in the earlier year. The increment in income was fundamental because of volume expansion with the adjustment of petrochemicals undertakings and oil cost-related to increment of refining and petrochemical items. The higher volumes in the petrochemicals business are by virtue of the first entire year of tasks of new petrochemical offices. Reliance's solidified income was bolstered by powerful development in retail and computerized administrations business which recorded an expansion of 88.7% and 94.5% in income individually when contrasted with the earlier year. Reliance Industries Limited reported a 26.2% year-on-year (Y-o-Y) increase in its consolidated net profit for FY22 at INR 67,845 cr. Reliance Industries Limited recorded a 47% Y-o-Y growth in its revenue, which became INR 7.92 lakh crore in FY22. The annual revenue of the digital services business of RIL crossed the 1 lakh crore mark for the first time in FY22. Reliance Industries Limited's digital arm also recorded an all-time high EBITDA of INR 40,268 Cr during the year. The retail business of Reliance also recorded annual revenue of around INR 2 lakh crore and a record annual EBITDA of INR 12,423 cr.

The gross revenue of the Reliance JIO platform increased by 17.1% in FY22, which was recorded at INR 95,804 cr. The net profit of the same increased by 23.6%, which became INR 15,487 cr. The EBITDA of the Jio platforms rose by 20.9%, thereby becoming INR 39,112 cr during FY22.

Now, you might also want to take a look at the list of Startups funded by Reliance through the accelerator program.

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What is the history of Reliance company?

The organization was established by Dhirubhai Ambani and Champaklal Damani in the 1960s as Reliance Commercial. It was later renamed as Reliance Industries and diversified into financial services, petroleum refining, and the power sector.

Who is the owner of Reliance?

Dhirubhai Ambani founded the Reliance Group, and Mukesh Ambani is the owner of Reliance Industries Limited.

Who is the CEO of Reliance Industries?

Mukesh Ambani is known as the Reliance Industries CEO.

How much of Reliance does Ambani own?

The Ambani family holds approximately 46.32% of the total shares, whereas public shareholders, including FII and corporate bodies, constitute the remaining 53.68%.

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></center></p><h2>Reliance Industries Case Study: Marketing Strategy and SWOT Analysis</h2><p>Do you know how Reliance Industries became one of India’s most successful and popular companies?</p><p>As we know, Mr. Dhirubhai Ambani started Reliance in 1958 in Mumbai, Maharashtra. The business includes different industries like energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles.</p><p>This blog will break down the marketing strategies and SWOT analysis of Reliance Industries. Still, before we delve deeper into it, we will briefly look at the history of Reliance Industries.  </p><p>Table of Contents</p><h2>About Reliance Industries</h2><p><center><img style=

Reliance Industries is India’s largest company in terms of market cap (as of 7 Feb 2024) and is involved in energy, refining, textiles, retail, and telecommunications business. Incorporated by the famous tycoon Mr. Dhirubhai Ambani and managed by Mr. Mukesh D. Ambani. It is the 100th largest company worldwide. As of 7 Feb 2024, Reliance Industries market cap stood at INR19.05 lakh crore.

Here are the quick stats about the Reliance Industry:

Founded byMr. Dhirubhai Ambani
IndustryConglomerate
Founded In1958
Company TypePublic
HeadquarterMumbai, Maharashtra, India
Area ServedAcross the globe
Key PersonMukesh Ambani, Chairman & Managing Director
ProductsOil and Gas, Chemicals, Telecommunications, Retail, Media, etc.
RevenueINR 974,864 crore (US$118 billion) in 2023
Profit after tax (PAT)INR 73,670 crore (US$8.96 billion) in 2023
Total assetsINR 1,607,431 crore (US$195 billion) in 2023
SubsidiariesJio Platforms, Reliance Reliance Retail, Network18 Group, Alok Industries, Reliance Foundation, Indiawin Sports, Global Corporate Security.  

Marketing Strategy

Reliance Industries Limited has a wide range of target audiences to serve. So, let us understand how the company serves its offerings using the Marketing Mix Model framework, which covers understanding its product, pricing, advertising, & distribution strategies.

Product Strategy

case study on reliance company

Reliance Industries, one of India’s largest conglomerates, spans various sectors and accounts for 20% of the nation’s exports. Its portfolio includes Reliance Fresh, Reliance Trends, Reliance Mart, and more.

Pricing Strategy

Reliance Industries follows different pricing strategies for different sectors. This company follows the pricing penetration for retail, telecommunications, and health. When Reliance launched Jio, it offered free services to its customers to enhance its market share.

The telecommunications industry was at a loss, but Jio still decided on providing unprecedented offers to customers to increase their customer base. This led to a complete revolution in the industry as smaller players could not fight such a rough battle and hence had to shut shop. Outlets such as Reliance Fresh provide products directly to the consumer at a discounted price. Reliance Industries focuses on pricing analysis before making a price decision. This strategy has helped them gain unrivalled positions in the industry.

Place & Distribution Strategy

case study on reliance company

Reliance Industries has a strong presence throughout the nation. Reliance Retail is the largest retailer with more than 1500 stores in the country, and other brands such as Reliance Fresh, Reliance Footprint, and Reliance Digital have reached Tier 1 and Tier 2 cities. While Tier 3 is still majorly yet to experience the wonders of the company.

Promotion & Advertising Strategy

The promotional strategy of the Reliance industry is a mix of all types of theories, including pamphlets, ads, and word of mouth. Reliance also focused on 360 branding and brand promotion. They use the tagline “Growth is Life” and have encapsulated their sentiments about taking people together.

Reliance Industries Limited owner Mukesh Ambani also acquired the rights of the Mumbai Indians for 10 years, bringing the Reliance brand to the limelight. After that, Jio launched in the market with the hashtag #DigitalIndia, which encourages youth to be digitally active. Reliance Industries’ success factor for Jio ensuring the deliverables to their consumers to make them habituated to the service, which impacted their competitors in ways they hadn’t even imagined!

Marketing Campaign

case study on reliance company

Reliance marketing campaigns keep the brand presence alive in consumers’ minds and build trust, which directly impacts the goodwill of the company. Let’s get into the market campaigns of Reliance:

  • Reliance Jio launched a campaign named Jio Dhana Dhan in 2017. This campaign is still ongoing and holds the market with their new updated products and services.
  • Reliance Retail enhanced its advertisement volume after the pandemic to retain audience attention.
  • For its marketing campaigns, Reliance Digital mainly focuses on showcasing the latest technology products, features, and services available at its stores. One of the recent ad video campaigns was named “Technology se Rishta Jodo”. This ad was a big hit on the internet, with 9m+ views, and it even got many positive comments.

SWOT Analysis

Let’s move into the SWOT analysis of Reliance Industries. It includes a deep study of the company’s strengths, weaknesses, opportunities, and threats.

  • Reliance Industries is India’s biggest conglomerate company in terms of revenue and profitability. It is a well-known brand across the globe.
  • It is diversified into several businesses like telecom, retail, petroleum, media, and many more. This reduces the effect of seasonality on the company’s performance.
  • The company is successful because they have a holistic approach to growth and progress. This has been demonstrated by their decades of complete dominance over people’s hearts.
  • Reliance Industries is also heavily involved in CSR activities like sustainable development, education, healthcare, uplifting the financially unfortunate, girl child protection, etc.
  • Reliance Industries’ market position is hard to maintain when it comes to high competition in the market. However, this risk is somewhat minimized due to the company’s dynamic and competent management.
  • The company also faced controversies and conflicts such as stock manipulation, the Krishna Godavari Basin gas issue, etc. While many of these controversies turned out to be hoaxes, they still hold enough power to materially affect the stock price.

Opportunities

  • Reliance Industries also partnered with other brands to expand their business, by using small-scale manufacturers to meet high demand during peak seasons.
  • To avoid competition, Reliance Industries should consider buying small and weak players in the industries. This tactic has also proven quite effective in consistently increasing its profits.  
  • Tying up with the global oil industry players will help the Reliance industry to boost its oil business.
  • In recent times, Reliance Industries’ sales growth rate has declined. This could be taken as nothing more than a hiccup or the beginning of a trend.
  • High competition from big conglomerates such as Adani can reduce Reliance’s market share in some sectors.

There is no doubt that, at the moment, Reliance is the largest public company in India, with a strong brand image and brilliant marketing strategies. Reliance Industries is leading in various sectors like petroleum, oil, retail, and gas because of its product quality and efficiency. 

Reliance Industries’ growth motto is “Growth is life”. Their marketing strategies, such as 360 branding and strategic partnerships, have contributed to their success. However, many segments operate in a competitive environment, which could dampen the revenue growth of the company in the long term. In summation, always do a thorough research before investing in the company and consult your financial advisor.

Frequently Asked Questions (FAQs):

1. Who is the owner of Reliance Industries?

Ans. Mr. Mukesh Ambani

2. What type of company is Reliance Industries?

Ans. It is an Indian multinational conglomerate headquartered in Mumbai.

3. What are the products of Reliance Industries?

Ans. Reliance Industries has a long list of products ranging from textiles, petroleum, refining, telecommunications, groceries, and many more.

4. When was the Reliance Industries founded?

Ans. The company was founded in 1958.

5. Which companies come under Reliance Industries?

Ans: Reliance Retail, Jio, Reliance Fresh, Reliance Foundations, Reliance Trends, Reliance Digital, and many more. Disclaimer:  The securities, funds, and strategies mentioned in this blog are purely for informational purposes and are not recommendations.

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Business Analysis and Case Study

The Reliance Industries Case Study: A Lesson in Success

case study on reliance company

Reliance Industries is a powerhouse conglomerate that has firmly established itself as one of India’s largest and most influential companies. With a rich history and remarkable evolution, Reliance Industries has diversified into various key business segments, including petrochemicals, refining, oil and gas exploration, retail, telecommunications, and more. Let’s delve into the captivating journey of this extraordinary corporation.

Table of Contents

Reliance industries’ historical footprint and transformation.

Reliance Industries was founded by the visionary entrepreneur, Dhirubhai Ambani, in 1966. Starting as a textile manufacturing company, it swiftly expanded and diversified its operations under Dhirubhai’s astute leadership. Over the years, the company has grown exponentially, continually reinventing itself to adapt to changing market dynamics.

Diversification as a Strategic Imperative

Reliance Industries’ growth and success can be attributed to its strategic decisions and unwavering commitment to diversification. The company has consistently sought new sectors for expansion, leveraging its existing strengths and expertise. This calculated approach has allowed Reliance Industries to navigate market uncertainties effectively.

The company’s foray into various industries was driven by a well-defined rationale. For instance, its entry into the telecommunications sector with Reliance Jio aimed to disrupt the industry by offering affordable pricing, extensive network coverage, and digital services. Such calculated moves have enabled Reliance Industries to stay ahead of its competitors and shape the landscape of multiple sectors.

Vertical Integration

Vertical Integration: A Pillar of Reliance Industries’ Success

Reliance Industries’ business strategy heavily revolves around vertical integration. By integrating its operations across various stages of the value chain, the company has achieved significant cost efficiencies, reduced dependency on external suppliers, and gained greater control over its product offerings .

This comprehensive approach to vertical integration has enabled Reliance Industries to streamline its operations, improve supply chain management, and enhance overall productivity. By tightly integrating its refining, petrochemicals, retail, and telecommunications businesses, the company has established a strong foundation for sustained growth.

Market Position and Competitive Advantage

Reliance Industries enjoys a dominant market position across several industries due to a combination of factors that contribute to its competitive advantage. Let’s explore some key aspects that set Reliance Industries apart from its competitors:

1. Extensive Infrastructure: Reliance Industries boasts a robust and extensive infrastructure network that spans refining, petrochemicals, retail, and telecommunications. This infrastructure forms the backbone of its operations and enables efficient production, distribution, and delivery of products and services.

2. Technological Capabilities: The company’s relentless focus on technological advancements has propelled its growth and differentiation. Reliance Industries has consistently invested in cutting-edge technologies, allowing it to enhance efficiency, improve customer experience, and foster innovation across its business segments.

3. Strong Distribution Network: Reliance Industries has built an impressive distribution network, spanning both urban and rural areas. This extensive reach enables the company to effectively cater to diverse customer segments, thereby amplifying its market penetration and competitive edge.

Reliance Industries’ ability to leverage its strengths in infrastructure, technology, and distribution has contributed significantly to its market leadership and sustained success.

Financial Performance and Notable Investments

Reliance Industries’ financial performance has been exceptional, reflecting its strong market position and strategic investments. The company has consistently demonstrated robust revenue growth, driven by its diverse business portfolio and market-leading positions across sectors.

In terms of investments, Reliance Industries has made significant strides both domestically and internationally. These investments have been aimed at expanding its presence, exploring new growth opportunities, and diversifying its revenue streams. Notable acquisitions and investments include those in the energy, retail, and technology sectors, strengthening the company’s position in key markets.

Reliance Jio

Reliance Jio: Transforming India’s Telecom Landscape

One of the most remarkable ventures undertaken by Reliance Industries is Reliance Jio, its telecommunications subsidiary. Reliance Jio’s entry into the Indian telecom market disrupted the industry and revolutionized connectivity for millions. The company adopted a disruptive business model, offering affordable pricing, expansive network coverage, and a host of digital services.

Reliance Jio’s remarkable success not only transformed India’s telecom landscape but also had a profound impact on Reliance Industries as a whole. The subsidiary’s rapid growth and rising market share contributed significantly to the overall financial performance and valuation of Reliance Industries.

Corporate Social Responsibility: Making a Difference

Reliance Industries takes its corporate social responsibility (CSR) seriously and is committed to sustainable development. The company has undertaken numerous initiatives in areas such as education, healthcare, rural development, and environmental sustainability.

Through various philanthropic projects, Reliance Industries has positively impacted the lives of millions of people. It has established educational institutions, healthcare facilities, and community centers, empowering communities and fostering inclusive growth.

Overcoming Challenges and Mitigating Risks

Like any major conglomerate, Reliance Industries faces a range of challenges and risks in its operations. These include regulatory hurdles, market volatility, geopolitical risks, and competition. However, the company has demonstrated resilience and agility in navigating these obstacles.

Reliance Industries’ ability to adapt to changing regulations, proactively manage market risks, and leverage its diversified business portfolio has enabled it to mitigate potential disruptions effectively. By leveraging its strengths and leveraging emerging opportunities, the company has consistently managed to stay ahead of the curve.

Future Outlook and Growth Prospects

Future Outlook and Growth Prospects

Looking ahead, Reliance Industries is poised for continued growth and expansion. The company has outlined ambitious plans for diversification and expansion into emerging sectors. These plans encompass areas such as renewable energy, e-commerce, and digital services, capitalizing on technological advancements and evolving market dynamics.

Reliance Industries’ relentless focus on innovation, strategic investments, and its ability to anticipate and adapt to market trends positions it favorably for future success. As the company continues to evolve, it is well-positioned to seize emerging opportunities and maintain its status as a powerhouse conglomerate.

In conclusion, Reliance Industries has emerged as a leading conglomerate in India, with a rich history of transformation and diversification. Through strategic decision-making, vertical integration, and a focus on competitive advantage, the company has cemented its market leadership across multiple industries. Reliance Industries’ financial performance, notable investments, and telecommunications venture, Reliance Jio, have been instrumental in shaping its success. The company’s commitment to corporate social responsibility, ability to overcome challenges, and forward-looking growth strategies further solidify its position as an exemplar of corporate excellence.

By Business Korbo

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The Reliance Case Study – A Journey of Ambition From Vision to Victory

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A world where your smartphone becomes your gateway to limitless possibilities – from streaming your favorite movies to shopping for daily essentials, all in the blink of an eye. In the heart of this digital transformation stands Reliance Industries Limited (RIL), an Indian conglomerate that has rewritten the rules of connectivity and convenience.

Imagine a company that disrupted an entire nation’s telecommunications landscape by offering affordable data and high-speed internet access, bringing millions into the digital age. This is the incredible journey of RIL’s digital arm, Jio , which achieved what seemed impossible.

Join us as we dive into the captivating story of Reliance Industries Limited and its digital services, a tale of innovation, customer-centricity, and a relentless pursuit of creating a seamless digital ecosystem. This is not just a story of a company; it’s a story of how RIL reshaped the digital world, making it accessible to all.

Table of Contents

The Birth of Reliance

Reliance’s story begins with Dhirubhai Ambani , a visionary entrepreneur who started the company with a dream to transform the lives of millions of Indians. Born in a small village in Gujarat, Dhirubhai faced humble beginnings but possessed an extraordinary ambition to create a better future for himself and his fellow countrymen.

Dhirubhai Ambani

Dhirubhai’s journey began with a textile trading business. His keen business acumen and ability to spot opportunities soon made him a prominent figure in the textile industry. With a strong focus on innovation and cost efficiency, Reliance soon grew to be one of India’s leading textile manufacturers.

HIstory of Reliance Industry:

Reliance Industries Limited, often referred to as Reliance, has a rich history that began in 1966 when it was established as Reliance Textiles Engineers Pvt. Ltd . in Maharashtra, India. At the same time, it set up a textile manufacturing plant in Naroda, Gujarat. In 1973, it transformed into Reliance Textiles Industries Limited. Over the years, the company expanded its presence into the textile sector, branding its products under the name “Vimal.”

  • The company made its initial public offering (IPO) in 1977 and later merged with Sidhpur Mills, a textile company, in 1979. In 1980 , Reliance further expanded by venturing into the polyester yarn business, establishing a Polyester Filament Yarn Plant in Patalganga, Maharashtra, with technical assistance from E. I. duPont de Nemours and Co., a U.S. company.
  • In 1985 , the company’s name changed to Reliance Industries Limited, and it continued to increase its capacity for producing polyester yarn substantially between 1985 and 1992 . In 1993, Reliance entered the global capital markets with a global depository issue of Reliance Petroleum. In 1995/96, the company made its mark in the telecommunications sector through a joint venture with NYNEX, USA, forming Reliance Telecom Private Limited in India.
  • The years 2001 and 2002 marked significant milestones for Reliance as it became India’s largest company, both in terms of financial parameters and the discovery of a substantial natural gas reserve in the Krishna Godavari basin. In 2002–03 , Reliance acquired a larger stake in Indian Petrochemicals Corporation Ltd. (IPCL) and later merged it with RIL in 2008.
  • Reliance’s journey continued with forays into diverse sectors, including retail with ‘ Reliance Fresh’ stores in 2006 and broadband services with the acquisition of Infotel Broadband Services in 2010. The company expanded its reach further by collaborating with BP in the oil and gas sector, as well as forming a joint venture with Russian company Sibur for a Butyl rubber plant in 2017.

Key Milestones Of Reliance

  • Polyester Manufacturing: Reliance made its first significant leap by setting up a polyester filament yarn manufacturing plant in Patalganga, Maharashtra in 1982. This marked the company’s entry into the petrochemicals sector and laid the foundation for its future growth.
  • Petrochemicals Expansion: The company continued to expand its petrochemicals operations by setting up a mega petrochemical complex in Jamnagar, Gujarat, which later became the world’s largest refining and petrochemicals hub.
  • Telecommunications Revolution: In 2002, Reliance made a massive foray into the telecommunications industry with the launch of Reliance Infocomm (now known as Jio). With disruptive pricing strategies and innovative 4G technology , Jio transformed the Indian telecom landscape, making data more accessible and affordable for millions.
  • Retail Revolution: Reliance Retail, a subsidiary of Reliance Industries, rapidly expanded and disrupted the retail sector in India. It established its presence in various sectors, including grocery, fashion, electronics, and e-commerce , ultimately becoming India’s largest and most successful retail chain.

Reliance Strategies for Success

Reliance Industries’ remarkable success can be attributed to several key strategies that have driven its growth and innovation:

1. Vertical Integration:

Reliance follows a strategy of vertical integration, which means they are involved in multiple stages of the production process. For instance, in the oil and gas sector, they have operations in exploration, refining, and retail. This approach allows them to have greater control over the supply chain and reduce costs.

2. Innovation:

Reliance has a strong commitment to innovation and technology. They invest heavily in research and development, which has led to groundbreaking advancements in various sectors, including telecommunications and petrochemicals.

3. Disruptive Pricing:

In sectors like telecommunications and retail, Reliance has adopted disruptive pricing strategies. This has not only gained them a massive customer base but has also forced competitors to rethink their business models.

4. Expansion and Diversification:

Reliance has continuously expanded into new sectors and diversified its business interests. This diversification has not only helped them spread risk but also tap into new growth opportunities.

5. Customer-Centric Approach:

Reliance places a strong emphasis on understanding and meeting customer needs. This approach has allowed them to provide products and services that resonate with the Indian masses.

Future Of Reliance Industries Limited

The growth and future of Reliance Industries Limited (RIL) appear promising and dynamic, given the company’s diversified business operations, visionary leadership, and strategic investments.

let’s delve into the growth and future prospects of RIL:

1. Digital and Telecom Dominance:

RIL’s telecommunications arm, Jio, has disrupted the Indian market with affordable data and voice services. With the continued expansion of high-speed 4G networks and the potential rollout of 5G services, Jio is poised to maintain its dominant position in the telecom industry.

2. Retail Expansion:

Future Group Reliance

Reliance Retail has grown exponentially and has emerged as one of the key players in the Indian retail sector. The company continues to expand its presence in various retail segments, from grocery to fashion to electronics. The acquisition of Future Group’s retail assets in 2020 further strengthens its retail footprint.

3. Energy and Petrochemicals:

RIL’s core business in energy, petrochemicals, and refining remains robust. The company is continuously investing in technology and capacity expansion, making it one of the world’s leading petrochemical producers.

4. Sustainable Initiatives:

RIL is increasingly focusing on sustainability and clean energy. They have committed to becoming a net-zero carbon company by 2035 . Their clean energy and sustainable practices will likely become more significant in the future as environmental concerns grow.

5. Oil and Gas Exploration:

RIL’s exploration and production business continues to evolve. The significant gas discovery in the KG-D6 block has bolstered their position in the oil and gas sector. They are actively exploring new opportunities in this domain.

6. Global Partnerships:

Reliance’s strategic partnerships with global giants such as BP in the oil and gas sector and Facebook in the digital space indicate their commitment to global expansion and innovation.

7. Digital Services:

JIO

RIL is venturing into various digital services, including e-commerce, fintech, and healthcare. Their JioMart platform and investments in startups like Jio Platforms and Netmeds reflect a push towards a more comprehensive digital ecosystem.

8. Sustainability and Corporate Social Responsibility:

The company’s commitment to sustainability and corporate social responsibility will likely continue to grow, aligning with global trends and consumers’ expectations for responsible business practices.

9. Geographic Expansion:

RIL will likely continue expanding its footprint both within India and in international markets. They have a history of strategic acquisitions and partnerships for global reach.

10. Regulatory and Policy Changes:

The growth and future of RIL are also influenced by regulatory and policy changes in India. The company’s adaptability to evolving regulatory environments will play a crucial role in its future.

Digital Services Offered By Reliance to Attain Users:

Reliance Industries Limited’s digital services arm, Jio, had indeed gained strong traction in subscriber addition and user engagement. Jio’s impact on the Indian digital landscape has been nothing short of revolutionary.

Here are some key points to highlight this success:

  • Rapid Subscriber Growth: Jio disrupted the Indian telecommunications market with its launch in September 2016 by offering free voice calls and extremely affordable data plans. This strategy led to a rapid influx of subscribers. Within a short span, Jio became one of the largest telecom operators in India.
  • Affordable Data Services: Jio’s affordable data services played a pivotal role in attracting a diverse customer base, from urban to rural areas. This affordability made data access more inclusive, bridging the digital divide in India.
  • High User Engagement: Jio’s bouquet of digital services , including JioTV, JioCinema, and JioSaavn, offered a comprehensive digital ecosystem. The availability of high-quality content and services through the Jio platform increased user engagement and loyalty.
  • Disruption of Traditional Models: Jio’s entry led to significant changes in the industry. Competitors had to adjust their pricing and offerings to remain competitive. This shift benefited consumers by providing better value for money.
  • 4G and 5G Readiness: Jio’s focus on 4G technology and investments in 5G infrastructure have positioned it for future growth in the era of high-speed mobile internet and IoT (Internet of Things).
  • Partnerships and Investments: Jio’s partnerships with global tech companies, such as Facebook and Google, signify its ambition to extend its digital services beyond telecommunications. These collaborations offer new opportunities for innovation and user engagement.
  • Integrated Ecosystem: RIL’s integrated ecosystem strategy links its retail, telecommunications, and digital services, allowing users to access a wide range of services, including e-commerce, entertainment, and financial services, under a single digital umbrella.
  • Strong App Portfolio: Jio has built a strong portfolio of apps, covering various domains, from education to healthcare. This app-based approach enhances user engagement and keeps users within the Jio ecosystem.

Challenges and Controversies

While Reliance has achieved remarkable success, it has also faced its share of challenges and controversies. These include:

  • Regulatory and Legal Issues: The company has faced legal challenges and regulatory scrutiny, particularly in sectors like telecommunications.
  • Environmental Concerns: Some of Reliance’s industrial activities have raised environmental concerns, particularly in terms of pollution and resource consumption.
  • Competitive Landscape: As Reliance continues to expand, it faces fierce competition in multiple sectors, including retail and telecommunications.

Some More Related Posts:

Wrapping up.

Reliance Industries is a prime example of an Indian company that has not only grown exponentially but has also made a global impact. Its journey, marked by ambition, innovation, and relentless determination, has set new standards for business in India and beyond.

Through its vertical integration, innovation, and customer-centric approach, Reliance has transformed industries , disrupted markets, and empowered millions of people. However, it has also faced its fair share of challenges and controversies, emphasizing the need for responsible business practices and ethical leadership.

The Reliance case study proves as an inspiring story for aspiring entrepreneurs and a testament to the power of ambition and innovation in achieving success on a grand scale. It is a living example of how a small textile trading business can evolve into a global conglomerate, proving that dreams, when nurtured with hard work and ingenuity, can indeed become a reality.

Frequently Asked Questions (FAQs)

Q 1. what is reliance industries limited (ril).

Reliance Industries Limited is one of India’s largest conglomerates, with diversified business interests in sectors such as telecommunications, retail, petrochemicals, and more. It was founded by Dhirubhai Ambani and has a significant presence in the Indian and global business landscapes.

Q 2. What are the key subsidiaries and business areas of Reliance Industries?

RIL has various subsidiaries, including Jio Platforms (telecommunications and digital services), Reliance Retail (retail and e-commerce), and its core business divisions in petrochemicals, refining, and exploration and production of oil and gas.

Q 3. How has Jio, RIL’s telecom arm, disrupted the Indian telecom market?

Jio disrupted the market by offering extremely affordable data and voice services. This move led to rapid subscriber growth and compelled other telecom operators to adjust their pricing and offerings.

Q 4. What digital services are offered by Jio, and how can I access them?

Jio offers a range of digital services, including JioTV, JioCinema, JioSaavn, JioMart, and more. You can access these services through the MyJio app or via web browsers.

Q 5. What is the Jio ecosystem, and how does it integrate with other RIL businesses?

The Jio ecosystem is an integrated digital platform that offers a variety of services, from telecommunications and entertainment to e-commerce and financial services. It integrates with other RIL businesses, allowing users to access a wide range of services through a single digital umbrella.

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Reliance Retail Case Study – Future Plans, Unlisted Share Price & Financials

by Aron Almeida | Jun 14, 2022 | Stocks | 1 comment

reliance retail case study - cover image

Reliance Retail Case Study: Earlier this year Reliance Industries announced that it would be launching two of India’s biggest IPOs this year. These included 2 of its biggest segments i.e. Reliance Retail and Reliance Jio. Both these platforms are expected to raise Rs. 50,000-75,000 this year.

Being someone who has been a regular at Reliance Digital, Trends, Marks & Spencer among many more I had to find out more about the company. So in this article, we will take a look at the workings of Reliance Retail to get a better understanding of the company. Keep Reading to find out!

Table of Contents

What does Reliance Retail do?

Future Plans and Growth Prospects of Reliance Retail cover

Reliance Retail is one of the biggest Indian companies involved in the retail business. The company as of 2018 had a total of 9,146 stores across 5800 cities covering 19.5 million square feet.

case study on reliance company

The company is involved in various retail segments like grocery, consumer electronics, and fashion & lifestyle consumption baskets, offering foods, groceries, apparel and footwear, lifestyle and home improvement products, jewellery, and electronic goods. It’s safe to say that reliance has almost everything covered. However, their retail business can be divided into 5 key categories.

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  • Consumer Electronics
  • Fashion & Lifestyle
  • Connectivity and
  • Petro-Retail.

Before we dive further into the financials of the company let’s take a look at how the retail industry is performing.

About the Industry

As of FY20, India’s retail industry was estimated to be worth $822 billion. In addition to this, the industry was expected to grow at a CAGR of 10% over the next 5 years. This would mean that the industry would be worth $1.3trillion by FY25.

The organised retail market in India is much smaller. It was estimated to be worth $89 billion in FY19 and is expected to grow at a CAGR of 21% over the next 5 years to reach $230 billion by FY25.

If we take a look at the scope of the industry for growth, the penetration already achieved in the Indian markets is a good start. Currently, penetration in the organised retail market stands at 11% and is expected to grow to 17% by FY25.

Their peers in the industry include the likes of Avenue Supermarkets(DMart), Future Retail, LifeStyle etc. However, when it comes to revenue Reliance Retail outperforms all of its counterparts.

What are the Future Plans of Reliance Retail?

Apart from further spreading its footprint through brick-and-mortar stores, the company has adopted digitization well. The company is in plans to expand its JioMart Digital Commerce Platform. In addition to using their online website and app, the company also is in plans to provide alternate means of placing orders like Whatsapp. 

Financials of Reliance Retail

If we take a look at the financials of the company, its revenues would offer a good start. The company’s revenues have continuously increased from Rs. 26,437 cr in FY17 to Rs. 131,687 in FY21. This is impressive as the retail segment was one of the worst-hit during the pandemic. The company’s revenues however still continued to increase during this period while every other business suffered.

Their profits increased from FY17 to FY20 from Rs. 442 crores to Rs. 5539 crores. However, they fell to Rs. 4589 in the next year i.e. FY21. Another interesting aspect to consider is the promoter holdings. Even though they might offload some stake in the future during its IPO, they still would have strong promoter holding as they currently hold over 99%

Here’s a quick look at various other ratios of the company: Here we get a picture of reliance retail across various years and at the same time we also compare it to industry averages to get a clearer picture. 

ParticularsIndustry Benchmark ( 30 Peers taken as of 2021)31-Mar-202131-Mar-202031-Mar-2019
Revenue Growth (%)-25.6-5.30 25.50 87.20
EBITDA Margin (%)3.45.90 6.40 5.20
Net Margin (%)-23.40 3.90 2.80
Return on Equity (%)0.518.10 30.70 25.70
Debt / Equity0.40.60 0.30 1.00
Inventory / Sales (Days)4433.00 24.00 36.00
Debtors / Sales (Days)1216.00 7.00 15.00
Payables / Sales (Days)6518.00 15.00 14.00
Cash Conversion Cycle (Days)3431.00 16.00 37.00
Sales / Net Fixed Assets4.211.80 17.30 15.70

In Closing 

That is all for this article on Reliance Retail Case Study. Reliance Retail is without doubt one of the top companies in the retail segment and its IPO will be one to watch out for. But did you know that you don’t have to wait until IPOs to invest in Reliance Retail? Head onto Altius Investech where you can buy and sell Pre IPO shares and ESOPs. Happy Reading! 

case study on reliance company

Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. He also believes that eating kid’s ice-cream is the best way to teach them taxes.

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Reliance Jio Marketing Strategy 2024: A Case Study

Reliance Jio’s meteoric rise in the Indian telecommunications industry has been nothing short of remarkable. Since its launch in 2016, Jio has disrupted the market with its affordable data plans, high-speed internet, and customer-centric approach. With a subscriber base of over 413 million, Jio has firmly established itself as the leading telecom provider in India. But what lies behind Jio’s success? Let’s delve into the marketing strategy that has propelled Jio to new heights.

Key Takeaways:

  • Reliance Jio acquired 50 million subscribers in just 83 days of its launch in 2016.
  • Jio dominates the Indian telecom market with a 35% market share.
  • Competitors such as Bharti Airtel and Vodafone-Idea pose formidable challenges to Jio.
  • Jio’s business strategy focuses on the AARRR framework to drive success.
  • Jio’s strong digital marketing presence on social media platforms connects with millions of users effectively.

Reliance Jio’s marketing strategy is built on a strong foundation of customer acquisition, activation, retention, referral, and revenue generation, collectively known as the AARRR framework. By targeting both urban and rural areas, Jio was able to rapidly acquire subscribers, offering them low-cost data plans and disrupting the competition. The company’s data plans, operating at speeds of 8 to 10 Mbps, provided users with faster and more affordable internet access, making it a clear choice for millions of Indians.

Furthermore, Jio leveraged the power of digital marketing to connect with its target audience effectively. With a significant presence on platforms like Instagram, YouTube, Facebook, and Twitter, Jio engaged millions of users through engaging content and interactive campaigns. The success of Jio’s “cricket play along” campaign, which won the prestigious GLOMO award in 2019, demonstrates the brand’s ability to captivate and engage its customers.

While Jio has emerged as the leader in the telecom market, it faces stiff competition from Bharti Airtel and Vodafone-Idea. Bharti Airtel, with a 30% market share, boasts wide network coverage and a strong brand presence. However, network quality issues in certain areas have posed challenges for the company. Vodafone-Idea, on the other hand, holds a 20% market share but faces hurdles due to merger integration and debt burdens, limiting its investment capabilities.

In order to maintain its competitive edge, Reliance Jio continues to invest in expanding its infrastructure. With over 500,000 square feet of data centers in Noida, Nagpur, and Navi Mumbai, Jio ensures a robust network to meet the growing demand of its subscribers.

Looking ahead, Jio aims to further strengthen its market position by acquiring 100 million users in 100 days, highlighting its ambitious growth plans. Mukesh Ambani, the visionary behind Reliance Jio, plans to inject about 150 billion rupees ($2.2 billion) into the company, strategic investments that demonstrate his commitment to Jio’s future success.

In conclusion, Reliance Jio’s marketing strategy has reshaped the Indian telecom industry, setting new standards for affordability, quality, and customer-centricity. By focusing on the AARRR framework and leveraging digital marketing platforms, Jio has successfully connected with millions of users, establishing itself as the undisputed market leader. With its relentless drive for innovation and expansion, Jio’s impact on the telecommunications sector is set to continue for years to come.

About Reliance Jio

Reliance Jio, also known as Jio, is India’s largest telecommunications company founded by Mukesh Ambani in 2016. With a subscriber base of over 398 million, Jio disrupted the market by offering affordable 4G data and free voice call plans. The company’s strategic decisions, expansive network infrastructure, and focus on digital innovation have contributed to its success.

In just 83 days of launching in 2016, Reliance Jio accumulated over 50 million customers, showcasing its rapid growth and market acceptance. This trend continued as Jio gained an additional 16 million customers within just one month of offering free services post-commercial launch in September 2016.

Within two and a half years of inception, Jio had amassed an impressive 300 million active users, solidifying its position as a leading telecommunications provider in India.

Reliance Jio recorded a net profit of Rs 4,173 crore for the quarter ending March 31, 2021, representing a 24% year-on-year increase. The company’s total net profit for the financial year 2021-22 reached Rs 77,204 crore, up from Rs 70,436 crore the previous year, demonstrating its consistent growth.

Reliance Jio’s success lies in its ability to capture the loyalty of millions of users through heavy discounts on data plans, freebies, and attractive promotional offers. By offering significantly lower data rates compared to competitors, Jio made high-speed internet access affordable for a larger segment of the population.

Expansive Network and Strategic Partnerships

Reliance Jio’s expansive network infrastructure and strategic partnerships with leading companies have been instrumental in building its strong customer base. By providing reliable and widespread coverage, Jio has enhanced the overall customer experience and attracted more users.

Jio has diversified its service portfolio by introducing Jio Money, a digital wallet service that provides added convenience to users within its ecosystem. This move increases customer engagement and encourages users to stay within the Jio network.

Digital Innovation and Customer Engagement

Leveraging AI and IoT technologies, Jio has implemented personalized push notifications based on customer data and behavior analysis, enhancing the effectiveness of its marketing campaigns and increasing customer engagement. Additionally, Jio’s use of AI-powered chatbots and virtual assistants automates customer interactions, providing real-time responses and streamlining engagement processes.

Through performance tracking and optimization using AI and analytics, Jio is continuously refining its push notification strategy, improving effectiveness, and maximizing customer engagement. Furthermore, Jio has embraced social media platforms to build a strong online community, fostering customer engagement, two-way communication, and strengthening the brand-customer relationship.

Competitive Edge and Future Outlook

Reliance Jio’s aggressive pricing strategy and extensive advertising campaigns have disrupted the market and posed challenges to competitors like Airtel and Vodafone. As Reliance Jio looks to the future, opportunities include launching 5G and 6G technologies, expanding globally, and continuing competitive pricing strategies.

However, Reliance Jio also faces threats such as the potential loss of customers, negative image critique, eradicating unpaid services, and unethical business practices. As the telecommunications industry evolves, it will be crucial for Jio to adapt to changing customer demands and market dynamics while maintaining its strength in customer acquisition, robust technology, and brand management.

Jio’s success story extends beyond the telecommunications sector, as demonstrated by its foray into the retail industry with JioMart. By connecting offline sellers with a wide range of online customers, JioMart aims to revolutionize the retail landscape, even amid competition from e-commerce giants like Amazon, BigBasket, and Udaan.

Overall, Reliance Jio’s innovative strategies, robust infrastructure, and focus on customer satisfaction have established it as a formidable player in the telecommunications and retail sectors, setting the stage for future growth and continued success.

Mukesh Ambani: The Visionary Behind Reliance Jio

Mukesh Ambani, the chairman and managing director of Reliance Industries Limited, has been instrumental in the success of Reliance Jio, India’s largest mobile network operator. With his strategic vision and entrepreneurial acumen, Ambani transformed Jio into a telecom giant, revolutionizing connectivity and digital services in the country.

Under Ambani’s leadership, Reliance Jio rapidly expanded its network, boasting over 400 million subscribers since its launch in 2016, a testament to the company’s unprecedented growth. Ambani’s commitment to providing affordable telecommunications services and internet access to all Indians has made Reliance Jio a household name.

With a net worth exceeding $90 billion, Mukesh Ambani is not only one of the wealthiest individuals globally but also a prominent figure in the business world. His achievements extend beyond the telecom industry. In 2002, Ambani founded Reliance Infocomm, which quickly became one of India’s largest telecommunications companies.

Ambani’s forward-thinking approach extends to sustainability as well. He announced a $20 billion investment in solar and wind energy projects, positioning Reliance Industries as a leader in the clean energy sector. This demonstrates his commitment to driving positive change and reducing the environmental impact of the company’s operations.

In addition to his business endeavors, Mukesh Ambani has consistently shown his dedication to philanthropy through the Reliance Foundation. The foundation implements various initiatives focused on education, healthcare, rural development, and disaster relief efforts, enhancing the lives of countless people across India.

Key Information
Net Worth $91.4 billion (approximate)
Educational Background Bachelor’s degree in Chemical Engineering and MBA from Stanford University
Notable Achievements Founder of Reliance Infocomm and Jio Platforms
Awards and Recognition Recipient of numerous awards for business and societal contributions

Mukesh Ambani’s leadership and innovative thinking have not only transformed Reliance Industries into a global conglomerate but also revolutionized the telecom industry in India. His vision and dedication to bridging the digital divide have empowered millions and positioned Reliance Jio as a driving force in the telecommunications market.

Reliance Jio’s Competitors

Reliance Jio, with its innovative strategies and rapid growth, has emerged as a dominant force in the Indian telecom industry. However, it faces stiff competition from key players such as Bharti Airtel and Vodafone-Idea.

Bharti Airtel

As the second-largest provider of mobile telephony in India, Bharti Airtel is a formidable competitor for Reliance Jio. Airtel boasts wide network coverage and a strong brand presence, attracting a loyal customer base. With a focus on delivering quality services and expanding its offerings, Airtel aims to maintain its competitive edge in the market.

Vodafone-Idea

Vodafone-Idea, formed by the merger of Vodafone India and Idea Cellular, is another significant player in the telecom industry. It holds the position of being the third-largest telecom company in India, offering an extensive range of services and having an established customer base. Vodafone-Idea aims to enhance its market presence and improve customer experience to effectively compete with Reliance Jio.

Despite facing fierce competition from these industry giants, Jio has managed to capture a substantial market share of over 35%. Its disruptive pricing, advanced technology, and cost-effective services have enabled it to maintain its leadership position. Jio’s aggressive market strategy, combined with its constant expansion into new activities like Jio Fiber and Jio Postpaid, further strengthens its dominance in the market.

To visualize the market share of Reliance Jio, Bharti Airtel, and Vodafone-Idea, check out the table below:

Company Market Share
Reliance Jio 35%
Bharti Airtel Market share data not available
Vodafone-Idea Market share data not available

Business Strategy of Reliance Jio

Reliance Jio, the game-changer in the Indian telecom industry, has implemented a strategic framework known as the AARRR model to drive its business growth. This model focuses on the key stages of customer interaction and acquisition: Acquisition, Activation, Retention, Referral, and Revenue.

Jio’s business strategy began with an aggressive acquisition phase, where the company offered free trials as part of its marketing strategy. This move helped Jio rapidly acquire a large customer base and disrupted the Indian telecom market. The company heavily invested in building a robust 4G infrastructure, expanding its network coverage to reach a wider audience, including remote and rural areas.

To activate and retain customers, Jio tailored its plans and services to cater to various customer segments, including both urban and rural areas. The company focused on customer engagement by offering promotional offers, discounts, and loyalty programs to enhance the user experience and build long-term relationships.

Jio’s business strategy also leverages its satisfied customer base for referrals, which further contributes to revenue generation. The company utilizes a varied pricing structure, offering diverse data plans under categories like AirFiber and AirFiber Max, to meet different customer needs and align with evolving data consumption patterns and customer expectations. Jio’s dynamic and competitive pricing strategy has helped maintain its market position and sustain customer loyalty.

In terms of revenue generation, Jio utilizes a multichannel approach, utilizing both digital platforms and physical outlets for service delivery and customer reach. The company conducts aggressive marketing campaigns across various mediums, including television, radio, social media, and print ads. Jio also leverages celebrity brand ambassadors such as Amitabh Bachchan and Shahrukh Khan to enhance its promotional activities and associate its brand with credibility and popularity.

Reliance Jio’s business strategy is built on a strong foundation of customer-centricity. The company empowers its employees to make decisions that favor customer satisfaction, fostering a culture of responsibility and proactive problem-solving. Jio invests in continuous learning opportunities and leadership development programs to retain a knowledgeable and motivated workforce, enabling them to deliver exceptional service and drive customer satisfaction.

Overall, the AARRR framework plays a critical role in Reliance Jio’s business strategy, helping the company acquire and activate customers, drive their retention and referrals, and generate revenue through strategic pricing and marketing initiatives.

Key Highlights of Reliance Jio’s Business Strategy
Jio offered free trials as part of its marketing strategy
Jio heavily invested in building a robust 4G infrastructure
Jio targeted various customer segments, including urban and rural areas, with tailored plans and services
Jio focused on customer engagement through promotional offers, discounts, and loyalty programs
Jio continuously worked on expanding its network coverage to reach more areas, including remote and rural regions
Reliance Jio has over 160,000 employees, showcasing the extensive size of its workforce
The company has established an optical fiber infrastructure of over 1.5 million kilometers to support its broadband services, indicating a robust network presence
Jio aims to have nationwide coverage for its 5G Fixed Wireless Access (FWA) service by the first half of 2024, highlighting its expansion strategy
The company offers diverse data plans under categories like AirFiber and AirFiber Max to cater to different customer needs, showcasing a varied pricing structure
Reliance Jio initially disrupted the Indian telecom market with a market penetration pricing strategy, rapidly acquiring a large customer base
Jio’s pricing for data services is dynamic and competitive, aligning with the evolving data consumption patterns and customer expectations
The company utilizes digital platforms for service delivery, along with maintaining physical outlets for broader customer reach, showcasing a multichannel approach
Reliance Jio conducts aggressive marketing campaigns across various mediums like television, radio, social media, and print ads, leveraging celebrities for brand association
The company has roped in celebrities such as Amitabh Bachchan and Shahrukh Khan as brand ambassadors, enhancing its promotional activities
Employees at Reliance Jio undergo rigorous training programs focused on customer satisfaction and service excellence, emphasizing a customer-centric approach
Jio empowers its employees to make decisions favoring customer satisfaction, fostering a culture of responsibility and proactive problem-solving
The company invests in employee growth through continuous learning opportunities and leadership development programs to retain a knowledgeable and motivated workforce
Reliance Jio acquired over 16 million subscribers within the first month of its launch
The company’s current revenue is approximately 1.6 billion dollars
Jio started with a pricing plan of Rs. 150 initially, offering unlimited texts, local or STD calls, and high-speed 4G internet usage
Customers, if registered by providing a student ID, received an additional 25% off on data usage
Jio offered their services for free for 3-6 months to all users, resulting in one of the largest customer acquisitions in Indian telecom history
Reliance Jio reported a net profit of around Rs831 crores in 2016
Economic Times reported that Reliance Jio had a profit of Rs 681 crore in the corresponding quarter last year, marking a 90% rise in net profit for September 2019

Target Audience of Reliance Jio

Reliance Jio has strategically targeted a diverse audience, catering to different customer segments to effectively tap into a wide range of markets. One of the key target audiences for Reliance Jio is the affordable internet data seekers . Jio’s offering of free trials and significantly lower cost of data and voice services quickly captured the attention of individuals who were seeking affordable internet data packages.

Furthermore, Reliance Jio has focused on serving the needs of individuals who are heavily reliant on high-speed internet and require a reliable network. Jio heavily invested in building a robust 4G infrastructure to provide high-speed internet services, which has attracted users looking for faster and more reliable connectivity.

In addition to individuals, Reliance Jio also targets various industries and sectors. The company has created a digital ecosystem that offers a wide range of services such as entertainment, messaging, and payments, catering to the digital needs of industries like education, healthcare, and media. This comprehensive approach enhances customer stickiness and provides a one-stop solution for their digital requirements.

To effectively reach its target audience, Reliance Jio has adopted a market segmentation strategy. The company has tailored its plans and services to cater to the needs of different customer segments, including both urban and rural areas. By providing customized solutions, Reliance Jio has successfully tapped into a diverse customer base.

Furthermore, Reliance Jio focuses on customer engagement through promotions, discounts, and loyalty programs. These initiatives not only help in retaining existing customers but also attract new ones, especially those who are actively seeking affordable and reliable internet data packages.

In summary, Reliance Jio’s target audience includes affordable internet data seekers and individuals who rely on high-speed internet and a reliable network. The company also serves the needs of specific industries by offering tailored solutions. With its comprehensive marketing strategy, Reliance Jio has successfully captured the attention of diverse customer segments, establishing itself as a leader in the telecom industry.

Digital Marketing Strategy of Reliance Jio

Reliance Jio, with its massive user base of over 42.62 crores (426.2 million) members, has implemented a comprehensive digital marketing strategy to engage and connect with its audience. Through strategic utilization of social media platforms such as Instagram, YouTube, Facebook, and Twitter, Jio has successfully built a strong online presence.

Social Media Presence

Jio’s social media channels serve as valuable tools for interacting with users and sharing informative content. With 1 million followers on Instagram, 2.5 million followers on Facebook, 858.3K followers on Twitter, and 3.17 million subscribers on YouTube, Jio has created a dedicated online community. These platforms provide Jio with a direct avenue to communicate its offerings, engage with customers, and keep them informed about the latest developments in the telecom industry.

YouTube as a Resource

One of Jio’s key digital marketing strategies revolves around their YouTube channel. With over 3.17 million subscribers, Jio utilizes this platform to showcase its products and services, provide tutorials and demos, and offer insights into the ever-evolving world of telecommunications. Jio leverages the power of video content to engage with its audience and keep them informed about its latest offerings and innovations.

Engaging Content and Customer Support

Jio understands the importance of creating engaging content to capture and retain its audience. The company regularly shares updates, offers, and informative content across its social media channels. Additionally, Jio’s focus on responsive customer support ensures that queries and concerns are addressed promptly, further enhancing customer satisfaction and loyalty.

Promotion and Brand Awareness

As part of its digital marketing strategy, Jio utilizes various promotional channels to build brand awareness. In addition to social media platforms, Jio employs traditional advertising mediums such as radio, television, billboards, newspapers, and magazines. These efforts help reach a wider audience and ensure that Jio remains at the forefront of customers’ minds when it comes to telecommunication services.

SEO and Website Traffic

Jio’s website plays a crucial role in its digital marketing strategy. With over 4,28,361 organic keywords and an impressive monthly traffic of 1,29,00,206, Jio’s website is highly optimized for search engines. This exceptional SEO performance enables Jio to attract a significant amount of organic traffic, enhancing its online visibility and brand reach.

How Airtel is Beating Jio

Airtel, one of Jio’s main competitors, has emerged as a strong contender in the telecom market by implementing key strategies, offering lower prices, and enhancing its network infrastructure. By focusing on customer satisfaction and expanding its range of products and services, Airtel has successfully positioned itself as a formidable player in the industry.

One of the ways Airtel has gained an edge over Jio is by effectively addressing customer complaints. In 2022, Airtel received significantly fewer complaints compared to Jio, demonstrating its commitment to improving customer experience and service quality.

Airtel’s business strategy has also played a vital role in its success. With its strong presence in the B2B segment, Airtel Business commands a significant market share, generating a substantial portion of its revenue from this sector. This diversification has allowed Airtel to establish a robust revenue stream separate from its consumer-focused services.

Furthermore, Airtel has made significant strides in expanding its customer base. As of January 2021, Airtel added a staggering 300% more wireless subscribers than Jio, showcasing its ability to attract and retain customers. Airtel’s continuous focus on network enhancement has enabled it to provide improved connectivity and reliable service, further enticing users to choose Airtel over its competitors.

In terms of market share, Airtel has also demonstrated its dominance. In February 2021, Airtel surpassed its competitors to become the top telecom company in terms of active subscriber market share. This achievement showcases the trust and loyalty customers place in Airtel’s services.

Moreover, Airtel’s success extends beyond wireless services. The company has a stronghold in enterprise services, with this segment contributing a significant portion to their consolidated revenue in 2020. Airtel’s expertise and focus on meeting the communication needs of businesses have established it as a key player in this sector.

In addition to wireless and enterprise services, Airtel has made significant strides in other areas as well. With its DTH service, Airtel gained a substantial market share alongside Tata Sky, reaching 20-25% in 2016-17. The company has also emerged as a leader in the broadband space, capturing 70 lakh subscribers in 2020, far surpassing Jio’s 17 lakh subscribers.

Statistic Airtel Jio
Customer Complaints (2022) 10x less than Jio N/A
Airtel Business Market Share 33.67% N/A
Wireless Subscribers (January 2021) 300% more than Jio N/A
Active Subscriber Market Share (February 2021) Top telecom company N/A
Enterprise Services Revenue (2020) 14% of consolidated revenue N/A
DTH Market Share (2016-17) 20-25% along with Tata Sky N/A
Broadband Subscribers (2020) 70 lakh 17 lakh

Airtel’s relentless efforts to enhance its network, provide competitive prices, and expand its services have positioned it as a formidable competitor in the telecom industry. As the battle between Airtel and Jio continues, customers can expect to benefit from an increasingly competitive market that drives innovation and better services.

Reliance Jio’s entry into the telecom market has had a substantial impact, both on the industry itself and the overall digital economy in India. The company’s strategy of offering free services for three months upon its launch allowed it to acquire a significant number of customers and establish a strong foothold in the market.

With an impressive customer satisfaction rate of 80%, Reliance Jio’s focus on providing affordable and high-quality 4G LTE services to smartphone users seeking fast internet connections has resonated well with its target audience. The introduction of cheaper 4G phones, paired with enticing free data plans, further attracted customers to switch to Jio’s network.

This disruptive approach resulted in fierce competition within the telecom industry, impacting other service providers negatively. Despite initial financial losses, Reliance Jio’s commitment to building strong customer relationships through efficient tariff plans has contributed to its ongoing success. The company’s innovative marketing strategy and relentless pursuit of customer acquisition have played a significant role in driving India’s mobile economy growth forward.

As of now, Reliance Jio holds a substantial market share of over 35% and continues to generate increased revenue through its rate-slashing strategy. With projections indicating that India will have almost one billion unique mobile subscribers by 2023, the country’s telecommunications market presents a massive growth opportunity for Reliance Jio and other industry players.

What is Reliance Jio?

Who is mukesh ambani, who are the competitors of reliance jio, what is the business strategy of reliance jio, who is the target audience of reliance jio, what is the digital marketing strategy of reliance jio, how is airtel beating jio, what has been the impact of reliance jio’s marketing strategy, related posts:.

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Table of Contents

When RIL Chairman and MD Mukesh Ambani staged a series of announcements in 2016 with the goal of revolutionizing India’s digital ecosystem, the outcome was JIO. “Reliance Jio’ billed as the company’s biggest ever digital bet, has since turbocharged India’s internet use through data and technological breakthroughs.

Mukesh D. Ambani- Reliance Jio

While the directors continue reinventing “Jio” for Digital India, the brand strengthens its social media presence and adapts to trends. We look at one digital marketing strategy at a time in the Jio social media marketing game.

While evolving into a new-age Internet brand, the brand has generated an exciting ripple in the digital arena. Sameer Makani, Co-Founder and Managing Director of Makani Creatives, comments on Jio’s digital-led strategy , saying that most enterprises today operate online due to simple internet access and that most influencers today exist as a result of it. Given Jio’s dominance in the internet market, he believes it is critical for the company to be among the top five, if not the top, in terms of social media presence.

About Reliance Jio

Remember the time when every person suddenly had two numbers, and our contacts looked something like, “Friend, Friend Jio, Friend 1, Friend 1 Jio…” Yeah! This happened after September 5th, 2016, when Reliance Jio was publicly available.

An Indian telecommunications company, Reliance Jio Infocomm Limited is a subsidiary of Jio platforms. Jio runs a nationwide LTE network that serves all 22 telecom circles. Jio presently offers 5G, 4G and 4G+ services, but it is developing to expand to 6G in the future.

It has been recorded that Reliance Jio’s active subscribers rose by 3.5mn in May’24. With around 42.72 crores (467.2 million) subscribers currently, it is India’s largest mobile network provider and the world’s third-largest mobile network operator.

Reliance Jio, a subsidiary of Jio Platforms Limited, reported an 11.9% year-on-year increase in net profit for Q1 FY25, reaching Rs 5,445 crore, a slight rise from Rs 5,337 crore in the previous quarter and Rs 4,863 crore a year earlier.

Jio announced a fibre-to-the-home service in September 2019, which includes home broadband, television, and phone services. As of September 2020, Reliance Industries had raised Rs.1.65 lakh crore (US$22 billion) by selling nearly a third of its stock investment in Reliance Jio Platforms.

Reliance Jio fiber marketing strategies

How did they manage to get such a large following? How have they maintained it? Let’s find out!

Why Should Marketers Study Reliance Jio’s Digital Marketing Strategies? 

Jio’s marketing strategies are a perfect example of creating successful campaigns that truly connect with people and boost sales. They’ve used creative ideas and cutting-edge technology to reach their target audience and generate excitement about their brand.

Let’s understand Reliance Jio’s marketing strategies and how they implemented and achieved success;

1. The 2A and 3R strategies adopted by Jio

Reliance Jio adopted unique 2A and 3R digital marketing strategies.

Acquisition : People Come to your Website to see what you have to offer

Jio gave free services to its consumers for three months after its commercial launch in September 2016. This strategy worked as a trump card for Jio in gaining customers. Jio was able to gain 16 million subscribers in just one month.

Activation : They go through a variety of activities

The finest experience was delivered to the users, which had never been supplied by any telecom service provider before.

Retention : Customers return

Jio didn’t just leave it there. On the occasion of the new year in 2017, they extended the free services to subscribers for another three months. Jio became the first telecom firm to offer clients a free six-month trial period.

Referral : Users are encouraged to invite others

Customers took up the role of preacher. Jio’s company grew as a result of strong customer feedback and user experience.

Revenue : Customers purchase our goods or service

By slashing rates to a tenth of what they were before, Jio increased revenue, which was a key aspect of the company’s success.

2. Moment Marketing Strategies by Reliance Jio

Jio’s moment marketing strategies has always been based on relevant content for the target audience, doling out trending content, and jumping on the bandwagon. Moment marketing is known for gaining a lot of attention and becoming a hit with people who are always checking their feeds for new and amusing material.

Jio leverage the power of trending topics and events, the brand has been able to reach its audience quickly and effectively.

View this post on Instagram A post shared by Jio (@reliancejio)

3. Staying local

Jio encourages Indian heritage in their social media messaging, staying true to the “humara India” and #VocalForLocal culture that has grown over time. From wishing everyone a happy festival to celebrating victory together to creating material with Indian themes and as much as possible, the brand has taken a very wholesome Indian approach to its digital branding.

Reliance Jio’s Digital Marketing Strategies & Case Study

Now, let’s go through Reliance Jio’s digital marketing strategies on every social media platform;

Reliance Jio’s social media marketing strategies

From perfectly sensing the pulse of the audiences through timely engagement in moment marketing to aptly leveraging content marketing tactics to crafting fantastic stories as needed, Reliance Jio’s social media approach has been all things ‘Dhan Dhana Dhan.’

Here is an overview of Reliance Jio’s social media channels;

Instagram1 Million0.16%
Facebook2.5 Million1.29%
Twitter858.3K0.02%
YouTube3.17 Million Subscribers0.10%

Reliance Jio’s Instagram Marketing Strategies

Jio has over a million Instagram followers ( @reliancejio ). Their content bucket contains a range of promotional pieces, posts showing their products, and posts featuring their workers.

Reliance Jio Instagram marketing

They’ve recently posted about the upgradation to 5g services & advanced Indian medical fields, festive offers of Jio, a number of posts about their work with the IPL, congratulating each team on their victories and engaging their cricket supporters. That’s how it keeps on updating & engaging with the audience on Instagram.

Jio’s Facebook Marketing Strategies:

Jio’s Facebook page has the most number of followers, making it their most popular and successful social media account. The aim of their Facebook account, as evident through their bio, is to drive people from their social account to the website. Their bio reads,

“Lives change when they are connected. Imagine a life where every Indian could stay connected to friends and family, stay true to their dreams and passions, and stay inspired and empowered – every second of every day. At Reliance Jio, we believe every Indian deserves this life. The Digital Life”.

Reliance Jio's Facebook followers strategies

We welcome you to experience Reliance Jio Digital Life.

Chat now on MyJio App: www.jio.com/dl/livechat

The content posted on Jio’s Facebook page is quite similar to that on Instagram – IPL – related posts, festival posts, contests, stories of employees, etc. 

Jio also receives feedback and queries in their comments section, which receive quick and personalized replies along with the name of the person writing to them. This shows the customer that a real person is handling their query and gives them confidence that their issues will be resolved. (Marketers, take notes!!) 

Reliance Jio's Facebook engagement

Jio’s Twitter Marketing Strategies: 

Jio covers over 858.3K followers on Twitter. Jio’s Twitter ( @reliancejio ) page, like its Instagram and Facebook sites, posts the same type of content. Jio responds to its followers’ questions and retweets what others have to say about the firm on a frequent basis. 

Reliance Jio's Twitter followers

Similar IPL – related content on Jio’s Twitter page:

Reliance Jio's Twitter engagement strategies

Jio’s YouTube Marketing Strategies: 

The videos posted on Jio’s YouTube align with those posted on Instagram, Facebook, and YouTube. 

Reliance Jio YouTube

Here are some of the important videos on the Youtube channel including the 45th AGM of Reliance Industries Limited.

Jio’s YouTube also has the same videos in different languages to reach local audiences across India. They have a separate playlist for the following languages: 

  • Telegu 
  • Malayalam 

This is a wonderful initiative and has also received a positive response from the audience. These videos are mostly instruction-based, guiding people to use Jio. They also posted short videos in the form of YouTube shorts as part of their “Lockdown Heroes” campaign.

reliance Jio's YouTube shorts

Reliance Jio’s SEO Strategies & Case Study

Everybody, today, knows of Jio. However, let’s look closely into what you can find when you google Jio.

Website Overview:

With a blue, a darker blue, and white colour theme, Jio’s website is one that is completely service-oriented and allows customers to get their work done. Jio has a website with a ‘great’ domain authority of 66. Their website ensures complete user-friendliness and is easy to navigate. With subtle colours, clear fonts, and even the option to recharge your SIM, get a new SIM, and/or make payments.

Reliance Jio website SEO Campaign, Domain Authority, and backlinks

Jio’s website has over 4,28,361 organic keywords and brings 1,29,00,206 monthly traffic to its website. These numbers are way beyond average, and are rated as “amazing.” 

Their top organic keywords include:

  • Jio recharge
  • how to connect harddisk to the Jio router

Reliance Jio's top organic keywords

Google My Business Page

If you look at what Jio does, you’ll note that they do a fantastic job of setting up Google My Business sites for each of their locations, but some businesses never get around to doing so. It takes a lot of effort at first, but it pays off in the end, as you can see.

Reliance Jio local SEO Google Business Profile

Google My Business reviews

When it comes to local searches, reviews are quite essential. Simply creating a listing isn’t enough, as much as we’d like it to be. You must think about it from the perspective of the search engine. Businesses with more reviews (especially those with outstanding ratings) will rank higher (as seen below) since it gives search engines more data points and shows that people are saying good things about them, hinting that it must be valuable.

Building reviews are one of the most difficult components of local optimization after getting listed. It’s not easy to get positive evaluations, but if you put on your marketing hat and use your imagination, you can do just as well as Jio.

Reliance Jio local SEO Google reviews

Reliance Jio’s Target Audience Demographics

Audience composition can reveal a site’s current market share across various audiences. Reliance jio audience is 67.24% male and 32.76% female. The largest age group of visitors are 25 – 34 year olds.

case study on reliance company

Jio’s Top Digital Marketing Campaigns 

1. the next generation this children’s day.

Jio celebrated the next generation children’s day with the campaign #JioChildrensDay by asking the next generations to reimagine India & share the idea of future India.

Clebrating the next generation, children’s day Jio’s way with “childlike imagination”

2. Jio’s Lockdown Campaign

Jio’s Lockdown Heroes Campaign honoured the extraordinary stories of some of the company’s network engineers who worked tirelessly to keep the network operating throughout the lockdown. Users would not have been able to continue forward with their lives as smoothly if the pandemic had struck in any other generation, working from home, learning from home, and being amused at home. 

Jio’s celebration of the Lockdown Heroes Campaign, which included numerous detailed anecdotes of frontline workers walking through snow, and traveling for several kilometers to work with restricted transportation, encapsulates the genuine essence of ‘connecting lives.’ 

3. Digital Navratri 

Reliance Jio hosted a Digital Navratri, giving Indians a virtual Darshan from the comfort of their own homes via Jio Meet and Jio TV. Jio can be seen giving opportunities for Indians to go about living and celebrating their lives without having to deal with any inconveniences.

When it comes to celebrations, the AGM has become a major event on Jio’s calendar and in the news. The way the videos are put together suggests that it is no longer the “Reliance of Yesterday” , but rather a futuristically ahead brand competing with the world’s finest technological players.

As you can see, Reliance Jio has made inroads into the digital realm to advertise its goods and brands. Do you want to design your own unique strategy? Enroll in Digital Scholar’s online digital marketing course to improve your company’s digital marketing tactics. This course is for anyone interested in learning everything there is to know about digital marketing and how to apply it to their own company.

Are you ready to elevate the image of your organisation to new heights? The best choice to start with is to take our free digital marketing course . 

What do you love the most about Jio? Let us know in the comments below!

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Written By Digital Scholar

Digital Scholar is a premier agency-styled digital marketing institute in India. Which offers an online digital marketing course and a free digital marketing course worldwide to elevate their digital skills and become industry experts. Digital Scholar is headed by Sorav Jain and co-founder Rishi Jain, who are pioneers in the field of digital marketing. Digital Scholar’s blogs touch upon numerous aspects of digital marketing and help you get intensive ideas of different domains of digital marketing.

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The Successful Business Model of Reliance Jio Decode – Detailed Explaination

case study on reliance company

By Aditya Shastri

It is the largest mobile network centre in India. It is the third-largest telecom operator in India with 42.62 crore subscribers. Its net income for the financial year 2020 was 12,537 crores. Thus this makes us keen to know the business model of Reliance Jio.

In this blog, we have discussed the business model of Reliance Jio in detail which includes its price strategy, product segmentation, competitor analysis, etc. But before we start with its business model let us know about Reliance Jio as a company.

About Reliance Jio

Jio Brand Logo - Business Model of Reliance Jio | IIDE

It was first started in the year 2007. Its headquarter is located in Mumbai Maharashtra India. Reliance Jio has a national Network which is LTE which covers all 22 Telecom circles. Jio offers a 4G network it also provides LTE voice-overs to provide voice service.

The Reliance business model is run and owned by Mukesh Ambani. The Jio business model is specified that giving free services to the customers will benefit them with more money as compared to the current other networks as charge prices, Jio provides free voice calls to customers. 

Reliance Jio was founded in the year 2007 by Mukesh Ambani.  It was made publicly available on 5th September 2016 throughout the world.

What’s new with Reliance?

Here’s what was buzzing around Reliance recently:

  • Reliance Jio 5G rollout: Reliance Jio is rolling out 5G services across India, with plans to complete the rollout by December 2023.
  • Reliance Jio AirFiber: Reliance Jio AirFiber is a new fixed wireless broadband service that offers high-speed internet access without the need for a wired connection.
  • Reliance JioBook: Reliance JioBook is a new affordable laptop that is designed for students and professionals.
  • Reliance Retail expansion: Reliance Retail is expanding its presence in India, with plans to open new stores and expand its online operations.
  • Reliance JioMart expansion: Reliance JioMart is expanding its grocery delivery service to more cities and towns in India.
  • Reliance New Energy: Reliance New Energy is a new subsidiary of Reliance Industries that is focused on renewable energy and clean technologies.
  • Reliance battery gigafactory: Reliance is building a battery gigafactory in India that will produce lithium-ion batteries for electric vehicles and other applications.
  • Reliance green hydrogen: Reliance is investing in green hydrogen production, which is a clean and sustainable alternative to fossil fuels.
  • Reliance education: Reliance is expanding its education business, with plans to launch new schools and universities.
  • Reliance healthcare: Reliance is expanding its healthcare business, with plans to build new hospitals and clinics.
  • Reliance financial services: Reliance is expanding its financial services business, with plans to offer more banking, insurance, and investment products.

Let’s now understand the target audience of Reliance better with the help of a buyer persona.

Buyer Persona of Reliance

A buyer persona generally refers to the detailed information of an ideal customer of a company. When it comes to Reliance, people from India use it the most. This buyer persona will help you understand the attributes of a regular Reliance user.

case study on reliance company

Buyer’s Persona

Rajesh Patel

Mumbai, Maharashtra

Profession:

Digital Marketing Manager

  • Cost-Efficiency
  • High-Speed Internet
  • Connectivity and Convenience
  • Innovation and Technology

Interest & Hobbies

  • Technology Enthusiast

Pain Points

  • Network Congestion
  • Customer Service
  • Privacy Concerns
  • Limited International Roaming Options

Social Media Presence

Let us now see the business model of Reliance Jio step by step.

BUSINESS MODEL OF RELIANCE JIO

The business model is used to determine a company’s plan for generating revenue. It determines the products or services the business plans to sell, its identified target market, and any anticipated expenses.

Reliance Jio used a loss-leading strategy which means it sold its products or services at a price lower than the actual price in the market. Reliance Jio initially started giving its users free of cost data and voice calls for a long period of time which helped them gain a large customer base and a higher market share.

Then later after the free data offer was over it started providing its customers with cheaper recharges which helped them to retain their customers.

Let us now see its business model by starting with its pricing strategy.

1. Price Strategy of Reliance Jio

Jio has adapted the best pricing strategy in the market. Jio modifies its pricing strategies every now and then to provide its customers with the best prices in the market. It provides its customers with the cheapest possible prices for its products and services in the market. This helps them to provide the best offers for their customers.

2. Promotion strategies of Reliance Jio

At a time when it comes to making constructive brand awareness, Reliance Jio has taken on a little bit of a hostile marketing strategy on radio, television,  magazines, newspapers, and various social media platforms like YouTube, Twitter, Facebook. This marketing is also used by film industry celebrities, it helps them in doing acting in advertisements and joining their brand to work with them.

Let us now see the product and service segmentation of Reliance Jio.

3. Product and service segmentation of Reliance Jio

  • JioPages – a web browser for Android devices 
  • JioChat – instant messaging app
  • JioCinema – online HD movie library
  • JioCloud – cloud-based backup services
  • JioHealth – health-related services app
  • JioNews – Platform which provides the latest news
  • JioMeet – video-conferencing platform
  • JioMoney – online transaction app
  • JioSaavn – app for music streaming in English and Indian languages
  • JioSecurity – security app
  • JioTV – TV Channels streaming service
  • JioVoice – VoLTE phone simulator
  • MyJio – manage Jio account and digital services associated with it
  • Mobile broadband – Its 4G broadband services started all over India in 2016. It offers vice services, instant messaging, and streaming movies.
  • JioFiber – In 2018 it started testing new triple play fiber to the homer services which was known as Jio GigaFiber, which provide an internet speed ranging from 100 – 1,000 Mbit/s. It launched its services officially in the year 2019 as JioFiber for its third anniversary.
  • JioPhone Next – On 24 June 2021, Mukesh Ambani announced the launch of JioPhone Next. It is a fully-featured Android smartphone co-developed with Google as part of its long-term partnership. The budget smartphone will be launched in India on 10 September 2021.

Let us now see the competitors of reliance Jio.

Top Competitors of Reliance Jio

Here’s the list of top competitors of Reliance JIO:

  • Bharti Airtel
  • Vodafone Idea
  • BSNL (Bharat Sanchar Nigam Limited)
  • Tata Docomo

Failed Campaigns of Reliance JIO

Reliance JIO more than often grabs attention with its unique marketing. But, there have been a few times when the campaign failed to connect with the audiences and gained backlash. 

Here are a few examples of failed campaigns of Reliance JIO:

  • “Welcome Offer” extension:  In 2016, Reliance Jio launched a welcome offer that provided free unlimited voice and data services for six months. The offer was a huge success and helped Reliance Jio to quickly acquire a large customer base. However, when the company extended the offer for another six months, it faced a lot of criticism from its competitors. The competitors argued that the extension was unfair and that it was stifling competition in the telecom market.
  • “Happy New Year Offer” : In 2018, Reliance Jio launched a “Happy New Year Offer” that provided free unlimited voice and data services for the month of January. The offer was again a huge success, but it also led to a lot of network congestion. The company was unable to handle the increased load on its network, and many customers experienced call drops and slow data speeds.
  • “Jio Diwali Dhamaka” offer : In 2019, Reliance Jio launched a “Jio Diwali Dhamaka” offer that provided a free JioPhone to customers who recharged with a Rs. 649 plan or higher. The offer was very popular, but it led to a shortage of JioPhones. Many customers who had recharged with the Rs. 649 plan were unable to get a JioPhone.
  • “JioFiber” launch campaign : In 2020, Reliance Jio launched its fixed wireless broadband service, JioFiber. The company launched a massive advertising campaign to promote the service, but it faced a lot of criticism for its misleading claims. The company claimed that JioFiber would provide speeds of up to 1 Gbps, but many customers reported speeds that were much lower.
  • “JioMart” launch campaign : In 2021, Reliance Jio launched its online grocery delivery service, JioMart. The company launched a massive advertising campaign to promote the service, but it faced a lot of criticism for its poor customer service. Many customers complained about long delivery times, missing items, and cancellations.

Lastly, we would recommend you watch this detailed video to discover various things you didn’t know about your telecom operator- Reliance Jio📲

With this, we come to the end of the Business Model of Reliance Jio. Let’s conclude this case study in the upcoming section.

As we wrap up our analysis of JIO’s impressive digital marketing strategy, it’s clear that staying up-to-date with the latest trends and techniques is key to success in the digital marketing world.

Whether you’re a marketing professional or just starting out, be sure to check out our free digital marketing masterclass to gain a solid foundation in the essentials of digital marketing.

Who knows, you might just develop the next big marketing strategy like JIO’s! Don’t forget to share your thoughts and comments on JIO’s strategy in the comments below.

case study on reliance company

Author's Note: My name is Aditya Shastri and I have written this case study with the help of my students from IIDE's online digital marketing courses in India . Practical assignments, case studies & simulations helped the students from this course present this analysis. Building on this practical approach, we are now introducing a new dimension for our online digital marketing course learners - the Campus Immersion Experience. If you found this case study helpful, please feel free to leave a comment below.

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Aditya Shastri

Lead Trainer & Head of Learning & Development at IIDE

Leads the Learning & Development segment at IIDE. He is a Content Marketing Expert and has trained 6000+ students and working professionals on various topics of Digital Marketing. He has been a guest speaker at prominent colleges in India including IIMs...... [Read full bio]

Prachi Balgi

Now, I can compare the business model of Jio with other brands and make a wiser choice. Great in-depth analysis.

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