11

At this stage of development, India needs large-scale employment creation through

INVESTING investments in manufacturing, infrastructure, services and agriculture. RIL is currently in the
midst of its largest ever capital investment programme aimed at the energy and digital
FOR THE NATION value chain. These investments will create high levels of employment and self-employment
opportunities along with productivity gains. RIL is invested in the promise of an empowered
and energised India.
RIL has been a pioneer and continues to be at the forefront of ‘Make in India’ campaign.
RIL sees its investments as a contribution towards sustainable economic growth and social
prosperity for India.

CREATING VALUE THROUGH TECHNOLOGY, INTEGRATION AND SCALE

PETCOKE GASIFICATION PROJECT
‘Bottom-of-the-barrel’ upgradation
Designed to convert low-value
petroleum coke into high value
Syngas for further use as fuels
and for hydrogen and chemicals
production.
Based on the ‘E-gas technology’ (of
CB&I), it has operational flexibility to
use coal and petcoke as feedstock,
providing competitive energy costs
for the integrated refining complex,
thus reducing volatility in earnings.
PETROCHEMICALS EXPANSION
Foundation for economic growth
RIL’s petrochemical products touch
every facet of life through apparel,
household goods, electronic goods,
automobiles and food packaging.
RIL has undertaken the single largest
expansion in the petrochemicals
sector in the world– 65% overall
volume expansion.
Creating a larger and more
diversified portfolio of products.
Building one of the world’s largest
ethylene crackers – securing the
benefits of economies of scale
and integration with refineries at
Jamnagar; this will enable the plant
to be among the top decile in
global cost competitiveness.
DIGITAL SERVICES
Transforming Communication
Work underway to provide end-
to-end solutions to address the
complete digital value chain by
setting up a world-class broadband
network
4G initiative will build scale based
on technological superiority,
affordability and providing an
unparalleled range of services
Leveraging the digital and
information technologies to
improve the quality of life of billion-
plus people in India.

Creating sustainable To be among top 10 global Digital platform to

cost advantage petrochemicals producers empower India

RIL demonstrated its deep commitment to India’s

growth by investing $ 16 billion in its integrated
energy chain and India-centric consumer
businesses in FY 2014-15.
 Invest. Innovate. Inspire. For a new India.
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12 Reliance Industries Limited Annual Report 2014-15 13

Innovation not only unveils new opportunities in existing business verticals, but also helps
INNOVATING create the roadmap to develop new business models. RIL is passionate to find new pathways to
progress through consistent innovation.
FOR THE FUTURE
CREATING AND NURTURING
INNOVATIVE IDEAS:

MISSION KURUKSHETRA (MK) BEYONDERS PROGRAMME INITIATIVES FOR

RIL recognises that every mind
is creative. MK is a step towards
democratising creativity and
innovation within the organisation.
This programme aims to create
innovation leaders within RIL who
can take on substantial innovation
initiatives and introduce the ‘next big
thing’ to the world.
INNOVATIVE
AND SUSTAINABLE
PRODUCTS
3,00,000 sq. ft. of space,
including 1,20,000 sq. ft. of
laboratory space, with state-
of-the-art R&D facilities in
Reliance Technology Group (RTG)
Laboratory at Navi Mumbai

D4 (DEFINE-DISCOVER- LEADING EXPERT

The Reliance Innovation Council (RIC) sets an agenda to actively nurture innovation within
RIL in order to safeguard its standing as a unique corporate entity. The council consists of:
SHRI MUKESH D. AMBANI
Chairman and Managing
Director of RIL. He is a Member
of Millennium Development
Goals (MDG) Advocacy Group
(MDG Advocate) constituted
by United Nations (UN) and
a Member of The Foundation Board of World
Economic Forum. He is also a member of the
Prime Minister’s Council on Trade and Industry,
Government of India and the Board of Governors
of the National Council of Applied Economic
Research, New Delhi.
DR. RAGHUNATH A.
MASHELKAR
An eminent scientist and
the President of Global
Research Alliance. Formerly,
he was the Director General
of the Council of Scientific
and Industrial Research (CSIR) and also the
President of Indian National Science Academy
(INSA). For his various contributions to India, he
has been honoured with some of the highest
civilian honours bestowed in India including the
prestigious Padma Vibhushan award.
DR. GEORGE M.
WHITESIDES
A Professor at Harvard
University and the world’s
foremost chemist. He has
held advisory positions on
the National Research Council,
National Science Foundation and the Defense
Advanced Research Projects Agency (DARPA)
of the Department of Defense, and is a member
of the American Academy of Arts and Sciences,
National Academy of Sciences, National Academy
of Engineering, and the American Philosophical
Society, among other organizations.
DEVELOP-DEMONSTRATE) ACCESS PROGRAMME (LEAP) RTG has transitioned from a
This programme aims to enable LEAP was born with the aim of smart buyer of technology to a
and empower middle management providing people at RIL with access to fast customizer and flagship
developer of technology
to ideate and innovate; hence global thought and innovation leaders
challenging the assumption that through interactive sessions.
innovation comes only from top
leadership. Investments in R&D in
various businesses, biofuels &
bio-chemicals, breakthrough
GLOBAL INNOVATION HUB technologies and health, safety &
In a move to spur innovation in industry, GenNext Ventures, a RIL sponsored environment
Venture Capital fund and Microsoft Ventures, have floated the Global Innovation
Hub. This globally competitive platform will support entrepreneurs shape their
disruptive ideas in a resourceful setting, with help and guidance from leaders Strong steps towards product
across industries and functionalities. stewardship in various businesses

PROF. JEAN-MARIE LEHN PROF. GARY HAMEL

A professor at the Collège de France in Paris,
who was awarded the Nobel Prize in Chemistry
in 1987 for his studies on the chemical basis of
‘molecular recognition’. Author of more than
800 scientific publications, he is a member of
many academies and institutions.
One of the world’s foremost management experts and authors, he
has been called “the world’s most influential business thinker” by
The Wall Street Journal and “the world’s leading expert on business
strategy” by Fortune magazine. He also works with governments
on matters of innovation policy, entrepreneurship and industrial
competitiveness, and is a Fellow of the World Economic Forum.

DR. WILLIAM A. HASELTINE PROF. ROBERT GRUBBS

He is the chairman of Haseltine Global Health LLC, a pharmaceutical He is a Victor and Elizabeth Atkins
company. He is also president of the Haseltine Foundation for Medical Professor of Chemistry at California
Sciences and the Arts, a foundation that supports access to high-quality Institute of Technology. He received
health for the poor and middle class of developing countries and that also the 2005 Nobel Prize in Chemistry,
fosters a dialog between sciences and the arts. He is also well-known for his along with two others, for his work in
pioneering work in cancer and HIV/AIDS. the field of olefin metathesis.
 Invest. Innovate. Inspire. For a new India.
014
14 Reliance Industries Limited Annual Report 2014-15 15

The Reliance story is a tribute to India’s entrepreneurial spirit. RIL has co-created growth and
INSPIRING built a culture of excellence, that is inspired by the will of its people, and in turn, inspires holistic
progress for all stakeholders.
PROGRESS
INSPIRING PEOPLE INSPIRING SUSTAINABILITY
RIL inspires its people to pursue goals in the face of challenges, and convert those Sustainability at RIL is a combination
challenges into opportunities. of small, but critical steps, which help
redefine the future for businesses
RIL believes in creating a competency framework. This enables it to institutionalise and for the nation. RIL’s sustainability
the spirit of entrepreneurship and develop an ecosystem of collective ownership. initiatives are geared by the dream of its
RIL employs over 24,000 people, each of whom are encouraged to lead the value- Founder Chairman Late Shri Dhirubhai
creation journey, and become examples of inspired thinking. RIL’s employees are its Ambani, who envisioned India as a
partners in progress. superpower in which the industry,
government and society partner each
RIL continues to focus on implementing a robust Human Capital Management
other constructively.
system to support its global, multi-geographical and diversified organisation on
one common platform. RIL’s CSR initiatives help elevate the
quality of life of millions. It seeks to
R-HR Transformation journey was initiated to revamp its people processes and
touch and transform lives by promoting
implement world-class HR practices. At RIL, the leadership team inculcate a culture
healthcare, education, rural wellbeing
of inspiring people through six basic tenets:
and employment opportunities. RIL
Clear communication of vision and purpose aims to continue its efforts to build on
Motivate and inspire employees to succeed its tradition of social responsibility to
and aspire for the best globally empower people and deepen its social
Develop capability through continuous learning engagements.
Show passion to excel
Effective teamwork, trust and collaboration
Integrate diverse perspectives 

CSR Expenditure FY 2014-15 (` in crore)

Healthcare Rural Transformation Education Others Environment Total

608 126 22 4 1 761

VALUE ADDED STATEMENT FOR FY 2014-15 (Standalone)

Value Added is defined as the value created by the activities of a business and its employees.

Stakeholders % ` in crore Stakeholders % ` in crore

Contribution to National
Exchequer
46 33,322 Employee Benefits 5 3,686

Reinvested in the Group to Providers of Equity

maintain and develop operations
39 28,263 Capital
4 2,944

Providers of Debt 5 3,429 Contribution to Society 1 761

Total Value Created ` 72,405 crore

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16 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 17
Dimensions of Sustainable Growth - 4Ps

DIMENSIONS OF SUSTAINABLE GROWTH - 4Ps

To ensure a robust sustainability practice that will help advance business priorities,
drive innovation, and achieve a competitive advantage, RIL’s ’4P approach‘, along 17,31,000+ ` 1,220 crore
with key focus areas, delineate actionable points in order to percolate sustainability Saplings planted till date R&D expenditure
within every facet of the organisation.
During FY 2014-15, RIL has undertaken numerous initiatives directed towards these 42.2% ` 3,559 crore
four categories: Reduction in injury rate Highest ever dividend payout

PLANET PEOPLE PRODUCTS & PROCESSES PROFITS

1,63,500+ tonnes of soil has been Reduction in injury rate by 42.2% Highest ever dividend payout of ` 3,559 crore
conserved till date (including dividend distribution tax) recommended
Reduction in lost day rate by 38.4% Rice Husk PVC composite boards for construction
for this year
17,31,000+ saplings have been planted and furniture applications to save forest coverage,
till date 1,533 students supported till date through Reliance reducing the demand for wood Largest ever capital expenditure programme to
Dhirubhai Ambani Protsaham scheme significantly enhance profits
PE Flexible Silo Bags for food grain storage to
Disseminated 10,489 advisories to farmers and fisher reduce wastage
folks through 54,59,347 calls during the year
2.5% 4.1% Programmes conducted to enhance the skill and
Recron Green Polyester Staple Fibre is eco-
friendly fibre that addresses environmental concerns
Increase in renewable
energy consumption
Increase in
materials recycled
knowledge 1,87,415 small and marginal farmers
during the year R&D Expenditure: ` 1,220 crore 5%
PBDIT increased to
Number of patents granted during the year: 22 ` 45,977 crore ($ 7.4 billion)
3.1% 11.7% Re-built Sir H.N. Reliance Foundation Hospital
and Research Centre in Mumbai with state-of-the-
More than 800 professionals working in research
Reduction of direct
GHG emission
Reduction of air
emission (SOx)
art facilities
and technology activities under Reliance Technology
Group
4.8%
PAT increased to
` 23,566 crore ($ 3.8 billion)
4.5% 1.76 mn 4% Harnessing natural resources through ‘Algae to Bio-
crude’ efforts and ‘Jatropha based biodiesel’
Reduction of air Man hours of training Increase in the number of For more information, please refer ‘Financial Performance and
emission (NOx) women employees Review’ of Management’s Discussion and Analysis on page 49

18 Reliance Industries Limited Invest. Innovate. Inspire. For a new India.
STRATEGIC FRAMEWORK
Adopting the Group Strategic Framework
will ensure that the business model, business
strategy and operating models comprehensively
address each component of the Reliance Group
Strategy and remain bound by it.
02-45 46-103 104-201 202-315 316-348
Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 19
Strategic Framework
Driving growth, value, innovation and transformation in society
Reliance is pursuing its strategy to grow, by leveraging its existing know-how and asset base and investing in
opportunities strategic to its existing businesses and those of the future. Reliance initially focuses on activities and
STRATEGY investment in India to take advantage of the large domestic market, as it currently holds a leadership position in it.
It builds competencies that can be rolled out on a global scale. Reliance’s business creates value for its
shareholders, employees, customers and society, and each new opportunity it pursues must meet these criteria or
it does not invest in it.
Reliance drives shareholder value through active portfolio management to continuously
Shareholder enhance the quality of its business portfolio, consistently deliver shareholder returns and
Value maintain a focus on long-term growth potential.
Reliance creates value for its employees, by ensuring their prosperity as the organisation grows.
Employee
Specifically, it creates employee value through continuous learning, structured career
Value progression opportunities and an industry-leading employee value proposition.
VALUE CREATED
Reliance drives customer value through its product innovation for customers, application
Customer and service levels, ability to deliver a consistently high consumer experience and its overall
Value reputation and brand promise in the markets it operates in.
Society provides Reliance with a license to operate, and with this privilege comes a responsibility
Societal to create value. Reliance drives societal value through job creation, both directly and indirectly,
Value social innovation through products and services and its respect for ecology and environment.
Safe operations, digital technology, capital productivity,
operational efficiency and ethics
Reliance’s Group Strategy is founded on five enablers. These include safe operations,
digital technology, capital productivity, operational excellence and ethics.
Safety and compliance are core values, and they help Reliance to preserve enterprise value, and provide a
perpetual license securing its right to operate across India and globally.
FIVE ENABLERS Digital technologies underpin how Reliance operates its businesses. It is a pioneer in harnessing new digital
technolgies and mobility initiatives that change how it conducts its business.
Capital is judiciously used, and achieving enhanced capital productivity is a priority across Reliance’s businesses
to create competitive advantage.
Reliance remains committed to achieve the highest levels of operating efficiencies and effectiveness across all its
activities, both customer facing and internal. A mindset for continuous improvement and processes forms the
bedrock of all its operations.
Reliance is committed to conduct all its initiatives with the highest levels of integrity.
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20 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 21
Review of Operations

REVIEW OF OPERATIONS
REFINING AND MARKETING

RIL has world-scale competitive assets in the

refining business. It runs one of the most
energy efficient refineries globally with
among the lowest operating cost per barrel,
adjusted for complexity. Key intrinsic strengths
of RIL’s refining business comprise:
Largest single site refinery - crude
processing capacity of 1.24 MMBPD
Robust configuration - Nelson Complexity
Index of 12.7 ACHIEVEMENTS IN FY 2014-15
Ability to sustain high operating rates -
state-of-the-art operating and maintenance
practices ` 15,827 crore 13 67.9 MMT
Record EBIT for the year New crude grades processed Crude processed at
Dedicated world-scale port facilities – strong ($ 2.5 billion) 110% utilisation rate
crude and product freight economics
Flexibility to process wide range of GRM of
challenging crudes – competitive feedstock
costs
$ 32.5 billion 300+ $ 8.6/bbl
Total exports of Fuel retail outlets operational Outperforming regional
refined products benchmark margins
Flexibility to swing product slate – agile and
opportunistic response to volatile markets
Robust logistics set-up and proficient
product placement team enables placement
Petcoke gasification
Project under fast track implementation
of large volumes of refined product globally

Read more about the Refining Operations on page 50

FEATURED ON THIS PAGE

Jamnagar refining complex and jetty facilities
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22 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 23
Review of Operations

REVIEW OF OPERATIONS
PETROCHEMICALS

RIL is one of the top petrochemicals producers

globally and the largest producer in India. RIL’s
petrochemicals business portfolio consists
of polymers, polyester, fibre intermediates,
elastomers and chemicals. Integration from
refinery to petrochemicals provides feedstock
security, logistics advantage and economies of
scale. RIL’s wide product portfolio, world-scale
capacities, integrated operations and presence
in growing domestic market supports high
operating rates and provides earnings stability.
ACHIEVEMENTS IN FY 2014-15
22 MMT 38% >2.0 MMT
Overall Petrochemicals Overall share in Indian PP sales in India –
START-UP OF NEW FACILITIES production in India polymer market market share of 58%

PBR plant, Hazira

Capacity: 40 KTPA 37% 26% Securing feedstock
Share of specialty products Polyester filament market share Implementing project to source
in polyester increased with start-up of new 1.5 MTPA of ethane from US
SBR plant, Hazira Silvassa facility to feed crackers in India
Capacity: 150 KTPA

Creating new market New cracker to

PET plant, Dahej opportunities improve cost
Capacity: 650 KTPA
in India competitiveness
New product application Refinery off-gas cracker and
PTA plant, Dahej development in Polymers related downstream projects
Capacity: 1,150 KTPA and Polyesters under implementation

Read more about the Petrochemicals Operations on page 55

TOP:
Robotic packaging in POY, Silvassa

BOTTOM, LEFT TO RIGHT:

PTA plant, Dahej
Silvassa Polyester plant, Packaging section
Construction site, ROGC
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24 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 25
Review of Operations

REVIEW OF OPERATIONS
OIL & GAS

RIL’s upstream portfolio includes operations

in conventional upstream, which consists
of onland, shallow water and deepwater
acreages, Coal Bed Methane (CBM) and Shale
Gas. This places RIL in an advantageous
position of having strong offshore (deep-
water) capabilities combined with the
knowledge of operations in unconventional
areas, such as CBM and Shale Gas.
RIL’s assets include KG-D6, Panna-Mukta,
Tapti and two CBM blocks in addition to ACHIEVEMENTS IN FY 2014-15
several domestic and international blocks.
Additionally, RIL has three joint ventures in
North America – one in the Eagle Ford play
142 BCFe 195 BCFe 11%
RIL’s share of production RIL’s share of production Growth in reserve accretion
and two in Marcellus play. in India (CY2014) in US shale operations in US shale operations with
proved reserves at 2.95 TCFe as at
December 2014
KG-D6 JV PRODUCTION Two booster
17 million acres compressors CBM block
157.6 BCF 2.28 MMBBL Total JV acreage Commissioned in KG-D6 Development activities in
Gas Oil and condensates block on-shore terminal advanced stage of mechanical
completion

Shahdol-Phulpur gas
PMT JV PRODUCTION pipeline project Production sharing contract
Construction work in progress Signed between RIL and Myanma Oil & Gas Enterprise
85 BCF 7.45 MMBBL (MOGE) for two offshore blocks (M17 and M18) in the
Gas Oil and condensates Tanintharyi basin of Myanmar

Read more about the Oil & Gas Operations on page 61

TOP:
Control Riser Platform (CRP)

BOTTOM, LEFT TO RIGHT:

US shale operation in Marcellus play
Off-shore control room
Control Riser Platform (CRP) at KG-D6 off-shore
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26 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 27
Review of Operations

REVIEW OF OPERATIONS
RETAIL

Reliance Retail addresses India’s growing

consumption requirements by operating
multiple retail formats that offer unmatched
choices in products and services in addition to
a superior value proposition. It is India’s largest
retailer by revenues. Its operating model is
based on keen insights into customer needs,
while leveraging robust technology platform,
business processes and supply chain.
During the year, RIL sustained the growth
momentum in its retail business. The ACHIEVEMENTS IN FY 2014-15
introduction of new delivery channels allowed
it to further enhance consumer service and
experience. ` 17,640 crore ` 784 crore
Total Revenue 21% y-o-y EBITDA 116% y-o-y

India’s largest
cash & carry chain
Reliance Market - 43 stores with 2,621 stores 12.5+ mn sq. ft.
1.5 million registered members Operated across 200 cities Retail space

India’s largest
fashion destination Launched Reliance
Reliance Trends - 200+ stores
selling 1,50,000 garments per day
930 stores Fresh Direct
Net addition to network Online grocery retail channel

India’s largest mobile

phone retail chain
Reliance Digital - 1,100+ stores

Read more about the Retail Operations on page 68

TOP:
Democratising fashion

BOTTOM, LEFT TO RIGHT:

Reliance Mart
Reliance Market
Reliance Digital
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28 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 29
Review of Operations

REVIEW OF OPERATIONS
MEDIA AND ENTERTAINMENT

During the year, Independent Media Trust

(IMT), of which RIL is the sole beneficiary,
acquired the control of Network18 Media &
Investments Limited (Network18), including its
subsidiary TV18 Broadcast Limited (TV18). With
the completion of this transaction, IMT and RIL
became promoters of Network18 and TV18.
Network18 has interests in television, digital
content, filmed entertainment, digital
commerce, magazines, mobile content and
allied businesses.

ACHIEVEMENTS IN FY 2014-15
CNBC-TV18 and CNBC Awaaz maintained Moneycontrol.com continues to be one IBN Lokmat bagged 4 prestigious Ramnath
^
No.1 position No.1^ position in their respective genres of Asia’s leading financial news and
services portal
Goenka ‘Excellence in Journalism’ Awards

maintained by CNBC-TV18, CNBC CNN-IBN continued to be a leading player
Awaaz in their respective genres in English General News
General Entertainment Channel Colors was
1.1+ billion *
the No.1 player ^^ in weekend primetime
slots throughout the year
pageviews attracted by IBNlive,
Firstpost and News18.com
MTV India is a top destination across
platforms for youth in the country
~225 cities ETV News and ETV Entertainment
sustained their growth momentum, reaching
serviced by BookMyShow across
2,600 screens 58 million+ and 66 million+ average monthly
viewers respectively
News properties IBNlive, Firstpost and
News18.com, together attracted over
1.1 billion pageviews*
HomeShop18 reached close to 54 million+
viewers on TV, close to 6 million* average
monthly users on web and had more than
2 million app downloads
Viacom18 Motion Pictures produced and
released films ‘Queen’, ‘Mary Kom’ and
‘Manjunath’, which were well received
History TV18 continued to be amongst the
leading players in the Factual Entertainment
genre
BookMyShow, India’s largest entertainment
ticketing company serviced ~225 cities and
2,600 screens in India
Network18’s Publishing division (‘Overdrive’,
‘Better Photography’ and ‘Better Interiors’)
reached out to over 1 million readers on a
monthly basis across platforms

^ Source: TAM| All India| CS AB Males 25+| Wk 14’14 to Wk 13’15 (till 28th Mar’15)| All days, 24
hours), (Source: TAM| HSM| CS AB Males 25+| Wk 14’ 14 to Wk 13’15| All days, 24 hours| Market
shares basis GTVTs).
^^ Source: TAM| CS 4+|HSM |Prime Time: 1900-2400|FY15 Q1, Q2, Q3 &. Q4.
+ Source: TAM| All India| CS 4+| 1st Apr’14 to 28th Mar’15| All days, 24 hours| Avg. Monthly Reach.
* Independent Industry data sources

Read more about our M&E Operations on page 74

TOP: The business specialists at India’s No 1 business news channel, CNBC-TV18

BOTTOM, LEFT TO RIGHT:

Colors, entertaining a billion Indians
CNN-IBN ‘Indian of The Year 2014’, Lifetime Achievement Award -2014-ISRO scientists
Poster of National Award winning movie ‘Queen’
ETV Ahmedabad studio
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30 Reliance Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 31
Reliance Foundation

RELIANCE FOUNDATION

Reliance Foundation provides
technical knowhow and resources to
enhance livelihood opportunities of
farmers and fisherfolk. The Foundation
reached out to over 94,000
households involved in agriculture
and marine fishery in more than 5,500
villages.
It has supplemented the nutritional
intake of rural households through
Reliance Foundation operates across: small kitchen gardens that provide
vegetables and fruits to more than
26,600 families.
Water harvesting, structures serving
as critical sources of irrigation for
communities living in dry and rain-fed
Rural Urban Art, culture
transformation Education Health renewal and heritage areas, were created to harvest and
store 447 lakh cubic metres of
rain water.
The Foundation’s health initiatives
have reached out to over 4 lakh
marginalised and urban poor in
Mumbai within three years of
operations.
Sir H.N. Reliance Foundation Hospital
and Research Centre has been rebuilt
and launched to provide world-class
tertiary care.
Reliance Foundation Drishti has
helped improve the vision of more
than 14,000 people through free
corneal transplants. The initiative
reaches out to the visually-impaired
through a fortnightly braille
newspaper across India and 17 other
countries.
The Dhirubhai Ambani Scholarship
programme supports meritorious
students across India to pursue higher
education. Over 10,000 students
have benefited from the programme;
among these students about 20% are
specially-abled.
Reliance Foundation Jr. NBA is an
initiative to build a holistic sports
culture among children through
basketball. It has engaged with more
than 1 million children through the
comprehensive school-based youth
basketball programme.
The Foundation’s Education for
All initiative, in partnership with
prominent NGOs working in the field
of education, has reached out to over
70,000 underprivileged children and
positively influenced their lives.
Reliance Foundation was among the
first organisations to reach out to
the affected people with relief and
medical care when disasters struck
Andhra Pradesh, Jammu and Kashmir
and Uttarakhand.

94,000+ 10,000+
households, across 5,500+ Students benefitted from
villages, benefitted through The Dhirubhai Ambani
Reliance Foundation’s initiatives Scholarship program

14,000+ 70,000+
visually challenged people underprivileged children
helped to improve their vision positively influenced
through free corneal transplants through Education for All
initiative

447 lakh m3
Rain water harvested stored in
water harvesting structures

TOP, LEFT TO RIGHT:

Medical Care to the underprivileged
Positively influencing the lives of underprivileged children
Supplementing nutritional intake of rural households

BOTTOM, LEFT TO RIGHT:

Enhancing livelihoods
Encouraging sports for development
Creating critical sources of irrigation
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32 Annual Report
Reliance 2014-15
Industries Limited Invest. Innovate. Inspire. For a new India. Annual Report 2014-15 Corporate Overview Management Review Governance Financial Statements Shareholder Information 33
Awards and Recognitions | Company Information

AWARDS AND RECOGNITIONS

BOARD OF DIRECTORS BOARD COMMITTEES

Chairman and Managing Director Audit Committee Corporate Social Responsibility

Mukesh D. Ambani Yogendra P. Trivedi (Chairman) and Governance Committee
LEADERSHIP SUSTAINABILITY Executive Directors Non Executive Directors
Dr. Raghunath A. Mashelkar Yogendra P. Trivedi (Chairman)
Adil Zainulbhai Nikhil R. Meswani
Nikhil R. Meswani Mansingh L. Bhakta
Dr. Dharam Vir Kapur
Hital R. Meswani Yogendra P. Trivedi Stakeholders’ Relationship Dr. Raghunath A. Mashelkar
P. M. S. Prasad Dr. Dharam Vir Kapur Committee
Pawan Kumar Kapil Prof. Ashok Misra Yogendra P. Trivedi (Chairman) Finance Committee
Prof. Dipak C. Jain Nikhil R. Meswani Mukesh D. Ambani (Chairman)
Dr. Raghunath A. Mashelkar Hital R. Meswani Nikhil R. Meswani
Adil Zainulbhai Prof. Ashok Misra Hital R. Meswani
Nita M. Ambani
Chief Financial Officer Group Company Secretary Human Resources, Health, Safety and Environment
Alok Agarwal and Chief Compliance Nomination and Committee
Officer Remuneration Committee Hital R. Meswani (Chairman)
Joint Chief Financial Officer K. Sethuraman Adil Zainulbhai (Chairman) Dr. Dharam Vir Kapur
Srikanth Venkatachari Yogendra P. Trivedi P.M.S. Prasad
Dr. Dharam Vir Kapur Pawan Kumar Kapil
RIL’s Chairman and Managing Director Shri Mukesh D. Ambani Won the ‘CII-ITC (Confederation of Indian Auditors Solicitors & Advocates Dr. Raghunath A. Mashelkar
was conferred the Honorary Doctor of Science degree by the Industry) Sustainability Awards 2014’ Chaturvedi & Shah Kanga & Co
Institute of Chemical Technology (ICT), Mumbai Deloitte Haskins & Sells LLP Risk Management Committee
Rajendra & Co Adil Zainulbhai (Chairman)
Hital R. Meswani
ENERGY AND WATER P.M.S. Prasad
CONSERVATION/EFFICIENCY Alok Agarwal
Srikanth Venkatachari
Awarded ‘Excellent Energy Efficient Unit
Award’ at the CII National Energy Efficiency BANKERS
Summit
Allahabad Bank Citibank N.A ICICI Bank Limited State Bank of India
Andhra Bank Credit Agricole Corporate and IDBI Bank Limited State Bank of Patiala
HEALTH, SAFETY AND Investment Bank
Bank of America Indian Bank Syndicate Bank
ENVIRONMENT Bank of Baroda Corporation Bank Indian Overseas Bank The Royal Bank of Scotland
Excellent Energy Efficient Unit Award Awarded as the ‘HSE Company of the Year’ at Deutsche Bank
Bank of India Oriental Bank of Commerce Union Bank of India
the Asia Oil & Gas Awards 2015, organised by The Hong Kong and Shanghai
Bank of Maharashtra Punjab National Bank Vijaya Bank
Oliver Kinross Banking Corporation Limited
Canara Bank Standard Chartered Bank
HDFC Bank Limited
Awarded the ‘Golden Peacock Environment Central Bank of India State Bank of Hyderabad
Management Award’ for the year 2014
MAJOR PLANT LOCATIONS
Won the 15th annual ‘Greentech Environment Dahej Hazira Jamnagar SEZ Unit Patalganga
Award’ 2014 P. O. Dahej, Village Mora, P.O. Bhatha, Village Meghpar / Padana, B-1 to B-5 & A3,
Taluka: Vagra, Surat-Hazira Road, Taluka Lalpur, MIDC Industrial Area, P. O. Rasayani,
Dist. Bharuch – 392 130, Surat - 394 510, Jamnagar - 361 280, Patalganga - 410 220,
CSR Gujarat, India Gujarat, India Gujarat, India Dist. Raigad, Maharashtra, India
Awarded the ‘Corporate Social Responsibility Gadimoga Jamnagar Nagothane Vadodara
Tallarevu Mandal, Village Meghpar / Padana, P. O. Petrochemicals Township, P. O. Petrochemicals,
Company of the Year’ for the second
East Godavari District, Taluka Lalpur, Nagothane - 402 125, Vadodara - 391 346,
consecutive year in the Asia Oil & Gas Awards Gadimoga – 533 463, Jamnagar – 361 280, Roha Taluka, Dist. Raigad, Gujarat, India
2015, organised by Oliver Kinross Andhra Pradesh, India Gujarat, India Maharashtra, India
Golden Europe Award for Quality & Commercial Prestige 2014
Won the ‘Best Corporate Social Responsibility REGISTERED OFFICE REGISTRARS & TRANSFER AGENTS
Practices’ Award and the ‘Best use of 3rd Floor, Maker Chambers IV, Karvy Computershare Private Limited,
QUALITY Corporate Social Responsibility practices in 222, Nariman Point, Mumbai 400 021, India Karvy Selenium Tower B, Plot 31-32,
Tel: +91 22 2278 5000, Fax: +91 22 2278 5111 Gachibowli, Financial District, Nanakramguda,
Received the esteemed Golden Europe Award for Quality & Manufacturing’ Award at the 3rd Global CSR e-mail: investor_relations@ril.com Hyderabad 500 032, India Tel: +91 40 6716 1700
Commercial Prestige at the convention organised by Otherways Excellence and Leadership Conference of the Website: www.ril.com Toll Free No.: 1800 425 8998 Fax: +91 40 2311 4087
Management & Consulting Association (OMAC) World CSR Congress e-mail: rilinvestor@karvy.com Website : www.karvy.com

Read more about Awards and Recognitions on page 92 41st Annual General Meeting on Friday, June 12, 2015 at 11.00 a.m. at Birla Matushri Sabhagar, 19, New Marine Lines, Mumbai 400 020.