Reliance Retail Limited-The fastest growing retailer in the world and Walmart of India in the making

Reliance Retail Limited, established in 2006, is the retail initiative of Mukesh Ambani led Reliance Industries Limited (RIL). The company is the wholly owned subsidiary of RIL through its subsidiary Reliance Retail Ventures Limited which owns 99.50% of the shareholding of Reliance Retail.

Retail Outlets and Business Reach:

International Brand Partnerships

 The company has also emerged as a partner of choice for revered International brands like Diesel, Superdry, Zegna, Marks & Spencer, Paul & Sharks, Kenneth Cole, Giorgio Armani, Jimmy Choo and many more.

Recent Acquisitions

Proposed Investment by Amazon

 Apart from above acquisitions and partnerships, the company’s biggest online rival Amazon is also in talks to buy 9.9% stake in Reliance Retail which will further increase the customer base and online presence of Reliance Retail.

 Future Outlook and Value Proposition

•  Reliance Retail generated ₹ 1.30 Lakh Crore and contributed about 80% of the Organised Retail business in FY2020.
• Reliance Retail’s exclusive app JIO Mart has already registered over 4,00,000 orders daily in August 2020 within 3 months of its launch and has already surpassed its peers Amazon pantry, Big Basket and Grofers in terms of daily orders in online grocery delivery segment. The daily orders are expected to cross 5,00,000 orders per day by September due to its exclusive business partnership with Whatsapp which has over 400 million subscribers in India. The company is already working towards expanding the segment beyond grocery to include fashion and lifestyle category in JIO Mart app which will further the Revenue potential of the company.
• The Company’s acquisition of Future Group will consolidate the retail business in India as the group operates 1700 stores in India and is only behind Reliance Retail in terms of reach to the Indian Consumers. This will further strengthen the leadership position of Reliance Retail and increase its Revenue and Profits as both the companies operate the most successful brands in India.
• The company has strong financials and various tie-ups from local kirana stores, farmers to exclusive partnerships with domestic and international brands for its products and services. Reliance Retail’s leadership position in retail business coupled with increasing influence of JIO Mart is the main value driver towards company’s growth and shareholder’s value in the company.