RIL - looking into the future

| Last updated less than one minute ago

Submit :

News Photos Just In Debate Topic Latest News Articles Local News Blog Posts Pictures Reviews Recipes

sacchitjogi07

24 May, 2011

RIL is keen to maintain good relationship with its customers with new business ideas and approach that will prove fruitful for employees as well as stake holders in the coming times.

IN ITS effort to reach high growth levels, Mukesh Ambani led Reliance Industries Limited (RIL) is shifting its focus in building healthy, long-lasting and sustainable partnerships with other business majors as well as its customers.

Mukesh Ambani has now steered his conglomerate to envelop this quality deeply into its systems due to the ongoing shift in the market towards sustaining fortifying relationships with customers and business partners. ‘New Businesses, New Technologies, New Partnerships' is the latest mantra that Reliance Industries has ardently taken to. They have moved on from their earlier motto of ‘Think Growth, Think Transformation, and Think Reliance motto’.

RIL has approached and has likewise been approached by many International Companies for prospective tie-ups and joint ventures. Joint ventures with global leaders in the financial services sector such as D E Shaw and American Express (AmEx) have been nearly finalised that will see RIL foraying into India’s booming financial services sector. On the other hand, the RIL-BP venture has been in the talks for many months now for being one of the most prolific deals India has seen so far; generating the largest FDI (Foreign Direct Investment) ever encountered.

Having stepped into the world of telecom, global names such as Verizon, AT&T, France Telecom and Alcatel Lucent have been prospectively roped in as partners in an effort to propel RIL entry into the sector with energized thrust and support.

As for the consumers, RIL have started conducting customer meets on a regular basis under the name of Rishta throughout the country to promote and propel growth of its various products and also to generate feedbacks and suggestions for the same.

RIL has noted that it will be investing in technology in order to create new businesses of the future, product and service offerings that do not exist today in the new decade. In order to fulfill this, their priorities lie on building sustainable partnerships to gain access to advanced technology, markets, products and competencies that will drive the vision to its realisation. Powered by its latest biz mantra, global reach is not a distant dream for Reliance anymore.