# Reliance Industries x BP: partnership

Canonical ID: `fc89b146-82ba-46fd-87ac-6c9e47f8500c`

Reliance Industries and BP launched the Jio-bp fuel retailing joint venture in India. BP paid 1 billion dollars for a 49 percent stake creating Indias largest fuel retailing network operated as Reliance BP Mobility Limited.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- BP _(off-registry)_ investor partner
- [Reliance Industries Limited](https://registry.deploy.report/companies/reliance-industries.md) co developer

## Sources (1)

1. https://www.bp.com/press-and-publications/press-releases/reliance-and-bp-launch-jio-bp-partnership


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