By the end of this fiscal year, it will have more than 1,000 retail outlets, most of which will be franchisee owned, according to a spokesperson.
The company will continue to own about 80 per cent of the company-owned stores (Reliance World Store) after these are upgraded to consumer experience zones as Reliance Mobile Stores, said the spokesperson. The remaining will be owned by the franchisees.
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The company has opened more than 500 Reliance Mobile Stores in the past three months and now has more than 800 outlets across India. "Going forward, we will continue to grow our retail touch points," added the spokesperson.
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