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3x growth in 5 years, 1 mn jobs: Mukesh Ambani's blueprint for retail biz

Ambani also outlined a five-point agenda for the division as it sought to be amongst the top 10 global retailers in the next few years

Reliance Retail
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Reliance Retail had added 1,500 stores in FY21 and had taken its total store count for the year to 12,711 outlets across multiple formats

Viveat Susan Pinto Mumbai
Mukesh Ambani, chairman of Reliance Industries (RIL), will set up more stores, sharpen omnichannel capabilities, and acquire new businesses as he looks to scale up operations of his retail division, the largest organised player in the country.
 
Addressing shareholders at the company's 44th annual general meeting on Thursday, Ambani, 64, said Reliance Retail was on a "hyper-growth trajectory". It would grow at least "3x in three to five years", providing 1 million jobs to people in the near future.
 
Ambani also outlined a five-point agenda for the division as it sought to be amongst the top 10 global