Most large conglomerates grow through acquisition-led strategies, but not Reliance Industries Limited. Clarissa Dann meets Group Treasurer Soumyo Dutta at the company’s Mumbai headquarters to discover more about its rapid organic growth, its journey to debt-free status, and how its treasury has aligned
The drive from Deutsche Bank’s Mumbai office in Bandra Kurla Complex, over the Bandra-Worli Sea Link bridge to the Reliance Industries Limited (RIL) headquarters, gives one ample opportunity to observe the city’s entrepreneurial culture and prolific infrastructure projects.
As my colleague and I made our way in mid-February towards what is India’s largest company in revenue terms, the Covid-19 pandemic – the only indications of which, on my arrival at the Chhatrapati Shivaji Maharaj International Airport, were selected temperature checks at immigration and officers in masks – had not yet fully hit. Little did we know that the world was about to undergo a seismic change.
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