Businesses that Reliance owns & how they compete with various industries

1. Textile: Reliance along with JP Financials bought Alok Industries (when it hit bankruptcy – 29th Feb,2020) to restructure unpaid loans. Reliance acquired 37.7% stake for 250 Cr. Now during the COVID-19 crisis, Reliance with the help of units from Alok Industries manufactures 1 lakh masks and 1 lakh PPE kits on a daily basis, producing it at a price that is one third of their imports. This includes its subsidiaries Performax, Recron Reliance, Reliance Polymers etc.
   

2. Telecom: Reliance Jio is in war with local companies Bharti Airtel, BSNL and Vodafone-Idea. On August, 2018 – Vodafone Idea was market leader with 37.85% share, followed by Bharti Airtel with 29.64% and Reliance Jio at 20.50%, while BSNL’s share was 9.73% On August, 2019 – Reliance Jio was leading the market with 30.9% share, followed by Vodafone-Idea with 30.6% share and Bharti Airtel at 29.2% share while BSNL’s share was 6.2% On March, 2020 - Reliance Jio was leading the market with 33.47% share, followed by Bharti Airtel with 28.31% share and Vodafone Idea at 27.57% share while BSNL’s share was 10.35%
   

3. Reliance Logistics: Reliance Logistics along with Grab and Fynd is giving a tough fight to DHL-BlueDart, FedEx, DTDC, Mahindra Logistics, Future Logistics etc.
   

4. Online Video Conferencing: Jio Meet being a replica of Zoom, is giving a tough fight to Zoom, Microsoft Teams, Cisco, Skype and other Video Conferencing apps. It is looking to dominate in the Video Conferencing and Video Streaming market as much as it is in Telecom market.
   

5. Social Chat: Jio Chat has the likes of Whatsapp and Facebook, it is a VoIP app which plans to compete with China based WeChat, Line, Hike, Whatsapp, Facebook etc.
   

6. Retail: Reliance Smart is eyeing to buy Future Group (Big Bazaar). Reliance Retail operates 10,901 stores across 6000+ cities. While Kishore Biyani led Big Bazaar was market’s favourite before Reliance Retail diversified, its assets could be of big help to Reliance and to be termed as Retail King. It is in war with other retail companies like Avenue Supermarket (D-Mart), More, Mahindra Retail, Big Basket etc. On 18th July, 2019 Reliance Retail acquired Hamleys for 620 Crore in all cash deal, which has 167 stores in 18 countries – after the deal Hamleys operates in 88 stores across 29 cities. Reliance is planning to buy NetMeds at a slightly high premium of 1400-1700 per ticket size amounting to 1125 Crore (150 Million Dollar). Reliance Retail is in war with many companies as it constitutes of many subsidiaries like Reliance Digital, Reliance Smart, Reliance Fresh, NetMeds, JioHealthHub, JioMart, Reliance Trends etc.) Reliance Retail is also partnered with Armani Exchange, Hugo Boss, Steve Madden, Replay, Superdry, Muji, MotherCare, Jimmy Choo, Coach, Burberry, Diesel, Emporio Armani, Giorgio Armani etc.
   

7. Mobile Wallet and Bank Payment: JioMoney along with Whatsapp Pay will provide a huge opportunity to enable small businesses and individuals to buy and sell things through WhatsApp, while trying to find a place between existing competition from PhonePe, Google Pay, PayTM, PayU and Mobikwik.
   

8. Education: Reliance acquired 72.69% in Embibe for 1293.6 Crore in 2018, using this EdTech platform it looks to compete with Byju, Meritnation, Toppr, Vedantu, Simplilearn, Khan Academy etc.
   

9. Media: Reliance is the parent company of Network 18, Network 18 has its subsidiaries Tv18(100%) and Hathway (51.34% for 2940 Crore). Network 18 is a leading player in Broadcast and Digital Media with its 72-channel partnership (which includes CNN, CNBC, Colors, Nickelodeon, Comedy Central, MoneyControl, History TV, VH1, Voot, MTV, Sonic). After the merge of Den and Hathway to Network18 it became the largest media and distribution group in the country. With such strong network and fundamentals, it is already giving a tough fight to Zee Group, Star Group etc.

Jio’s strategy of adapting a similar style as the competitor and then competing head-on with them in their own game by using the Made in India triumph card, with Indian emotions raged against China and supporting Make in India has definitely contributed to the growth of the company and has helped them to diversify in India.