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Global Business Environment Assignment: (Export Import Details of Reliance)

Reliance Industries is an Indian conglomerate and one of India's largest companies. It has businesses in energy, petrochemicals, textiles, retail, and telecommunications. The document provides details of Reliance's import and export activities. It imports goods like casing and tubing with a value of over $16 million from countries including Japan, Nigeria, and Bangladesh. It exports products like air breathing apparatus and drill pipe with a value over $1 million to countries like France, Saudi Arabia, and Taiwan. The conclusion discusses the growth of the global and Indian economies in recent years.

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Steffin Joseph
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334 views

Global Business Environment Assignment: (Export Import Details of Reliance)

Reliance Industries is an Indian conglomerate and one of India's largest companies. It has businesses in energy, petrochemicals, textiles, retail, and telecommunications. The document provides details of Reliance's import and export activities. It imports goods like casing and tubing with a value of over $16 million from countries including Japan, Nigeria, and Bangladesh. It exports products like air breathing apparatus and drill pipe with a value over $1 million to countries like France, Saudi Arabia, and Taiwan. The conclusion discusses the growth of the global and Indian economies in recent years.

Uploaded by

Steffin Joseph
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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GLOBAL BUSINESS ENVIRONMENT

ASSIGNMENT
(EXPORT IMPORT DETAILS OF RELIANCE)

Submitted by:
Tanya Mary Ann
About the Company

Reliance Industries Limited (RIL) is an Indian multinational conglomerate


company headquartered in Mumbai, Maharashtra, India. Reliance owns
businesses across India engaged in energy, petrochemicals, textiles, natural
resources, retail, and telecommunications. Reliance is one of the most profitable
companies in India, the largest publicly traded company in India by market
capitalization, and the largest company in India as measured by revenue after
recently surpassing the government-controlled Indian Oil Corporation. On 18
October 2007, Reliance Industries became the first Indian company to breach
$100 billion market capitalization.

The company is ranked 148th on the Fortune Global 500 list of the world's
biggest corporations as of 2018. It is ranked 8th among the Top 250 Global
Energy Companies by Platt as of 2016. Reliance continues to be India’s largest
exporter, accounting for 8% of India's total merchandise exports with a value of
Rupees 147,755 crore and access to markets in 108 countries. Reliance is
responsible for almost 5% of the government of India's total revenues from
customs and excise duty. It is also the highest income tax payer in the private
sector in India.
Import details of the company

Reliance Industries Ltd is also a leading importer of TIEBACK SEAL


ASSEMBLY 7-5/8" 7-5/8" 33-7 PPF, P110 PREMIUM TI, PACKER LINER,
FOR 7-5/8" X 10-3/4" HANGER, HANGER, LINER 7-5/8" 10-3/4
ROTATING LINER HANGER TO RUN ON7-, CASING 7-5/8" 33-7 PPF
P110 NEW VAM R3, CASING 10-3/4" 51PPF L80 NEW VAM SC R3, having
HS Codes 84304120.

Indian Port Import Value in USD Origin Port


Hyderabad 600.00 China
Petrapole road 571.15 Bangladesh
Chennai sea 1.30 United states
Dadri - sttpl (cfs) 7.88 Sri Lanka
Dadri - sttpl (cfs) 2.24 Sri Lanka
Mundra 3.89 Myanmar
Nhava sheva sea 275.00 Nigeria
Dighi(Pune) 16200.00 Japan
Dighi(Pune) 5850.00 Japan
Nhava sheva sea 320.90 Kenya
Bombay air cargo 40.87 Switzerland
Dadri - sttpl (cfs) 7.88 Sri Lanka
Dadri - sttpl (cfs) 2.24 Sri Lanka
Tughlakabad 1.50 Myanmar
Dadri-acpl cfs 8.43 Sri Lanka
Dadri-acpl cfs 2.40 Sri Lanka
Sabarmati icd 1161.70 Haiti
Sabarmati icd 22072.15 Haiti
Dighi(Pune) 9000.00 Japan
Dadri - sttpl (cfs) 7.88 Sri Lanka
Export details of the company

Reliance Industries Ltd is a leading exporter of SELF CONTAINED AIR


BREATHING APPARA, SLEEVE 9' FOR 9' PAINT ROLLER, PAINT
ROLLER PAD REPLACEMENT FOR 9', SHELL ALVANIA EP2 GREASE
CARTRIDGE, 2-7/8" OD DRILL PIPE 10.4 IB/FT 2-7, having HS Codes
84304110. The company has its head office at Reliance Centre walchand
Hirachand, Marg, Ballard Estate. The company primarily exports products to
Singapore.

Indian Port Export Value in USD Origin Port


Chennai air cargo 48000 Taiwan
Chennai air cargo 231200 China
Chennai air cargo 32000 Taiwan
Chennai air cargo 32000 Taiwan
Chennai air cargo 48000 Taiwan
Nhava sheva sea 5054.52 France
Nhava sheva sea 5343.6 France
Nhava sheva sea 4044.93 France
Nhava sheva sea 7975.98 France
Chennai air cargo 96000 Taiwan
Chennai air cargo 96000 Taiwan
Chennai air cargo 71200 Taiwan
Chennai air cargo 96000 China
Chennai air cargo 32000 Taiwan
Nhava sheva sea 9435.78 Saudi Arabia
Nhava sheva sea 10719.99 Saudi Arabia
Chennai air cargo 109.575 China
Bangalore 16218.4 France
Bangalore 27905.68 France
Chennai air cargo 127200 Taiwan
Conclusion

The global economy is now growing at its fastest pace since 2010, with the
upturn becoming increasingly synchronised across countries. The world
economy is expected to strengthen further in 2018 and 2019, with economic
growth projected to rise to about 4%, from 3.7% in 2017. Stronger investment,
the rebound in global trade and higher employment are helping make the
recovery increasingly broad-based. This long-awaited lift, supported by policy
stimulus, is being accompanied by solid employment gains, a moderate upturn
in investment and pick-up in trade growth. The continued rise in global trade
was led by pickup in import demand in developed markets. Growing
protectionism impacting trading relations and geo-political tensions in parts of
Asia are a key area of concern.

India’s economy maintained its strong growth in FY 2017-18 – the Gross


Domestic Product growth was 6.7% with a strong 7.7% increase in the last
quarter of the year with the ‘One Nation, One Tax’ GST regime being
implemented, and gradually stabilising by the second half of the year, the
economy witnessed upsurge in investment, consumption, as well as government
spending. Industrial activity rebounded, and services indicators too showed
positive trends. Thanks to a series of policy initiates, India moved into the
world’s Top 100 countries in terms of ease of doing business. The country also
retained its position as a favoured destination for foreign capital, with gross
foreign direct investment inflows of $64.6 billion in 2017.

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