"Pursue your goals even in the face of difficulties,
and convert adversities into opportunities."- Dhirubhai Hirachand Ambani
Reliance was founded as a textile mill in 1966 by Dhirubhai H. Ambani, the founder Chairman of the Reliance group. It continued to be a textile company until the early eighties.
Reliance later started seizing opportunities thrown up by a combination of the growing Indian economy and the opening up of the regulation-driven sectors of the economy. These included petrochemicals and plastics. Beginning with the early eighties, Reliance pursued a policy of backward integration from textiles as well as diversification. It set up world-scale facilities for manufacturing polyester and textile intermediates, plastics and polymer intermediates, detergent intermediates, etc.