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Reliance Industries bags 'Golden Jubilee Memorial Trust Excellence Award'

04 Jun '05
2 min read

India's largest business house Reliance Industries Limited's manufacturing division in Hazira, Surat has won the 'Golden Jubilee Memorial Trust Excellence Award' from The Southern Gujarat Chamber of Commerce & Industry for 'Corporate Excellence' in energy conservation, productivity and exports in textiles and chemicals in the category of large industry.

The award was presented by Shri Shankersinh Vaghela, Minister of Textiles, Government of India at the 65th Installation function of the office bearers of Southern Gujarat Chamber of Commerce & Industry in Surat. Reliance Hazira has won the award consecutively since the last three years.

The Reliance Group founded by Dhirubhai H. Ambani (1932-2002) with total revenues of over Rs 99,000 crore (US$ 22.6 billion), cash profit of Rs 12,500 crore (US$ 2.8 billion), net profit of Rs 6,200 crore (US$ 1.4 billion) and exports of Rs 15,900 crore (US$ 3.6 billion).

The Group's activities span exploration and production (E&P) of oil and gas, refining and marketing, petrochemicals (polyester, polymers, and intermediates), textiles, financial services and insurance, power, telecom and infocom initiatives. The Group exports its products to more than 100 countries the world over. Reliance emerged as India's Most Admired Business House, for the third successive year in a TNS Mode survey for 2003.

Reliance Industries Limited

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