Questions and Answers
In which year did Reliance Textiles Industries Pvt. Ltd. establish a synthetic fabrics mill in Naroda, Gujarat?
1966
What was the initial business of Reliance Commercial Corporation in 1958?
Trading in commodities like spices and polyester yarn
What was the major brand for Reliance in the textiles business in later years?
Vimal
When did Reliance Textiles Industries Limited hold its Initial public offering (IPO)?
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What percentage of India's total merchandise exports does Reliance account for?
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Study Notes
Reliance Textiles Industries Pvt. Ltd.
- Established a synthetic fabrics mill in Naroda, Gujarat in 1966
Reliance Commercial Corporation
- Started its initial business in 1958 as a trading firm
Reliance Textiles
- Only Vimal was the major brand for Reliance in the textiles business in later years
Initial Public Offering (IPO)
- Reliance Textiles Industries Limited held its IPO in 1977
Contribution to India's Exports
- Reliance accounts for 10% of India's total merchandise exports
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