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Is Reliance Industries going to become the topper beating Tata? Learn how giving tough competition to each other

New Delhi: There is a tough competition going on between Mukesh Ambani’s Reliance Industries Limited and Ratan Tata’s Tata Group. To beat each other in terms of competition, revenue. This seems to be the case with the released net profit and revenue results of Reliance Industries for the financial year 2021-22. Reliance Industries’ fourth quarter results were announced on Friday. During this it also came to light that the company’s revenue has crossed the $100 billion mark during the entire financial year 2021-22. At the same time, Tata Group had crossed this mark only last year.

The total income of Reliance Industries, which does business from oil to telecom sector, increased to Rs 7.92 lakh crore ($ 102 billion) during the entire financial year 2021-22. At the same time, the net profit increased to Rs 60,705 crore. Whereas the revenue of all Tata Group companies, from salt to software, together crossed the mark of $ 103 billion (Rs 7.7 lakh crore) in the financial year 2020-21. What was the income of Tata Group in the financial year 2021-22, it is yet to be revealed.

Tata group business
The Tata Group operates with 30 companies in 10 clusters across the country and the world. Its business is spread over more than 100 countries. The group’s principal holding company and promoter of the Tata companies is Tata Sons. The Tata Group is doing business in Consumer & Retail, Information Technology, Automotive, Steel & Infrastructure, Financial Services, Tourism & Travel, Telecom & Media, Trading & Investments, Aerospace & Defense sectors. The group companies include TCS, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Advanced Systems, Indian Hotels, Air India, Vistara and Tata Communications. Apart from this, the Tata Group has also launched its super app ‘Tata Neu’ and has forayed into the e-commerce sector. This app will provide all the brands of Tata Group on one platform.

Reliance Industries in which business
It is doing business in Exploration & Production, Petroleum Refining & Marketing, Textiles, Petrochemicals, Retail, Telecom Sectors. Its brands are Reliance Gas, Only Vimal, Jio BP, Jiomart, Reliance Fresh, Reliance Jewels, Reliance Digital, Jio, Ajio, Hamleys etc. Apart from this, Reliance Industries has also bought majority stake in some leading fashion houses. Like Ritu Kumar, Abu Jani Sandeep Khosla, Abraham & Thakor etc. Apart from this the company has also invested in Manish Malhotra’s brand.

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