Reliance Retail
Indian retail company / From Wikipedia, the free encyclopedia
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Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue.[5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023,[update] it has over 245,000 employees at 18,000 store locations in 7,000 towns.[1] Apart from physical stores, the company also sells products on its e-commerce channels.
Quick Facts Company type, ISIN ...
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| Company type | Subsidiary |
|---|---|
| ISIN | INE002A01018 |
| Industry | Retail |
| Founded | 2006; 18 years ago (2006) |
| Founder | Mukesh Ambani |
| Headquarters | Mumbai, Maharashtra, India |
Number of locations | 18,836 (2024)[1] |
Area served | India |
Key people |
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| Services | |
| Revenue |  ₹306,786 crore (US$38 billion) (2024)[2] |
| ₹23,040 crore (US$2.9 billion) (2024) [2] | |
| ₹11,101 crore (US$1.4 billion) (2024)[2] | |
| Total assets | ₹168,311 crore (US$21 billion) (2023)[3] |
| Owner |
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Number of employees | 245,581 (2023)[4] |
| Parent | Reliance Industries |
| Subsidiaries |
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| Website | relianceretail |
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As of August 2023,[update] the company is valued at $100 billion.[6][7]