Reliance Retail Limited is India’s largest retailer by reach, revenue and profitability. It is the  only Indian successful retailer to feature in the list of “Global Powers of Retailing”, touching every aspect of its consumer’s life from morning to evening, food to fashion ,items of necessities to luxuries of life, cities to towns ,online to offline and much more ,enabling the ease of living for every Indian.

The Company has invested behind a range of acquisitions to strengthen its capabilities in the supply chain ,technology and product portfolio.Considering to invest ₹24,713 Crores to acquire the retail and wholesale business and the logistics and warehousing business of the Future Group.

The Company’s shares are currently changing hands at ₹2100 a share against ₹1475 in the beginning of the fiscal year and the margins are expected to remain strong.

The Company’s embarkment on a journey to transform traditional retail through its JioMart Digital Commerce Platform shows that it is not afraid to venture beyond familiar fields  and is looking to set for strong future expansion.

According to the 44th Annual General Meeting , Chairman Mukesh Ambani is quite confident that Reliance Retail Limited is on a hyper growth trajectory to grow atleast 3X in the next 3-5 years.To scale-up its business,the Company plans to take certain initiatives in FY22 and capture the trend of a global move.

These initiatives include:

• Setting up design ,research ,technology and innovation centres globally and nationally to develop differentiated offerings for customer groups.
• Creating an automated ,modular reliable and scalable warehousing and logistics ecosystem to help the Company deliver products anywhere across the country in the shortest possible time.
• Investing in building supply-chain infrastructure across India by linking all major sourcing and consumption locations to maximise efficiencies and minimise losses.

The lockdown has provided valuable learnings for the Company’s business model and yielded encouraging progress.