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Retail to be major growth booster for RIL in coming years, says Mukesh Ambani

Ambani said that the overall business has nearly tripled in the last five years

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Reliance Jio

Raghavendra Kamath  |  Mumbai 

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Reliance Retail would become a major growth area for Reliance Industries, chairman Mukesh Ambani said at the company's annual general meeting on Thursday.

Ambani said the overall business has nearly tripled in the last five years. "We have built the widest geographical footprint with physical stores now covering nearly 3,500 stores in 679 cities, spread over 13 million square feet and many more through our e-commerce reach," he said. Ambani said Reliance would extend the distribution infrastructure of retail to a larger number of kiranas to cover products and ...

First Published: Thu, September 01 2016. 14:19 IST
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