Reliance Group’s first foray into mining was in 2005 when it acquired Annapurna Quarries to source limestone with the intention of backward integrating Reliance Cement and setting up a clinkerisation unit. However, owing to the quality of the limestone and the Group’s effectiveness in extracting the raw material, the company started supplying limestone to various cement manufacturers in Nepal.
In 2014, the Group formed Lokesh Construction P. Ltd. Through this company, the Group is conducting exploratory studies of various mining projects in Nepal.