Synergies with Reliance Jio business to catapult RIL's retail story

The telecom venture, amongst other sub-segments, has helped the revenue build up immensely

Textile to telecom conglomerate Reliance Industries is quietly scripting a new success story, this time, in its retail segment. The retail venture has been profitable for the past few years. However, industry experts believe, synergies with the telecom business will help further catapult it. 

Industry experts point out the retail business’s profitability so for was a result of RIL’s efficient management of operations. However, with the advantage that RJio brings to RIL’s offerings in retail, RIL may find itself in a sweet position to make the most of a good portfolio of retail formats and synergies arising out of the