Reliance Industries is planning to expand its retail business in existing markets and exploring new markets. The company’s retail business -- Reliance Retail -- has registered a 34 per cent growth to touch Rs 14,496 crore in 2013-14.
At present, the company’s business now operates 1,691 stores covering an area of 11.7 million square feet across 146 cities.
The company had established market leadership in all the focus areas of digital, lifestyle and value formats during this period. The wholesale retail vertical Reliance Market has about 1.2 million members.
Reliance Industries, is a Fortune Global 500 company and is the largest private sector company in India. Its activities span exploration and production of oil and gas, petroleum refining and marketing, petrochemicals (polyester, fibre intermediates, plastics and chemicals), textiles, retail, infotel and special economic zones.
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