Reliance Retail Limited (India)

Reliance Retail Ltd. is a retail initiative of Reliance Industries Limited, located in Mumbai, India. It has played a significant role in revolutionizing the retail industry in India. The company focuses on enabling inclusion, growth, and building sustainable societal value for millions of Indians. Reliance Retail has established strong bonds with consumers by offering them a wide range of choices, excellent value, superior quality, and an unmatched shopping experience across its stores. Reliance Retail is recognized as one of the fastest-growing retailers globally, ranking 53rd in the list of Top Global Retailers. It is the largest retailer in India and has the widest reach. The company has 249 million registered customers and recorded over 780 million footfalls across its stores in the fiscal year 2022-23. With nearly 3 million daily transactions, Reliance Retail operates at an unparalleled scale in the Indian retail industry. The company operates various store formats catering to different shopping needs, including Grocery, Consumer Electronics, Fashion & Lifestyle, and Pharma. In the Grocery segment, Reliance Retail operates multiple formats focused on food, fresh produce, bakery, dairy products, home and personal care products, and general merchandise items. It also runs quick commerce company Dunzo and hyperlocal delivery platform Milkbasket. Reliance Retail's FMCG arm, Reliance Consumer Products Limited, offers a strong portfolio of products ranging from beverages to home and personal care items. The company also addresses the pharmaceutical needs of Indian consumers through its online platform Netmeds and a growing number of Netmeds freestanding stores. In the beauty space, Reliance Retail operates Tira, an omni-channel beauty retail platform that provides a personalized shopping experience with a selection of global and indigenous beauty brands. In Consumer Electronics, the company operates Reliance Digital and MyJio Store formats, offering a wide range of electronics, appliances, computing, and mobility products. In Fashion & Lifestyle, Reliance Retail operates various formats serving customers across different segments, including value, mid, premium, and luxury. It also collaborates with international brands such as GAP, Armani, Burberry, Diesel, and more. Reliance Retail has a strong presence in digital commerce channels through AJIO, a fashion & lifestyle destination store, and Jiomart, a cross-category platform leveraging the company's extensive store network and supply chain infrastructure. As of March 31, 2023, Reliance Retail operated 18,040 stores across 7,000+ towns, with a retail area exceeding 65.6 million square feet. The company reported a turnover of Rs. 2,60,364 crore for the financial year 2022-23.