Indian company Reliance Retail to raise $598 million from ADIA – October 6, 2023 at 17:43.

Reliance Industries Ltd is a diversified group organized in 6 areas of activity: – refining of petroleum products (58.4% of turnover): liquefied petroleum gas, propylene, naphtha, petrol, kerosene, etc. As of end-March 2021, the group had refineries located in India. The group also develops petrochemical product production activities (polyethylene, polypropylene, polyvinyl chloride, polyester, pure terephthalic acid, paraxylene, ethylene, olefins, benzene, butadiene, acrylonitrile and caustic soda); – distribution of consumer products (28.3%): distribution of food products, clothing and accessories, consumer electronic products, etc. through a network of 12,711 stores located in India; – provision of digital services (5.1%); – exploration and production of crude oil and natural gas (0.3%); – provision of financial services (0.2%); – Others (7.7%): telecommunications and media services, textile product manufacturing, etc. 61.5% of turnover occurs in India.

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