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Language , Updated: Aug 8, 2022, 3:12 PM
New Delhi, Aug 8 (PTI) Reliance Industries has invested Rs 30,000 crore (about $3.76 billion) in its retail trade. The corporate has added 2,500 retail outlets within the ultimate monetary yr 2021-22, taking its choice of retail outlets to fifteen,196. Reliance Industries Limited (RIL), in its FY 2021-22 annual record, mentioned that retail massive Reliance Retail added 11.10 million sq. toes of cupboard space all through the yr and warehouse house just about doubled to 22.7 million sq. toes. Gone. The corporate has made greater than 1.50 lakhs all through the ultimate yr.
Reliance Industries Limited (RIL), in its FY 2021-22 annual record, mentioned that retail massive Reliance Retail added 11.10 million sq. toes of cupboard space all through the yr and warehouse house just about doubled to 22.7 million sq. toes. Gone.
The corporate employed over 1.50 lakh folks all through the ultimate yr, taking its overall team of workers to three.61 lakh.
According to the record, Reliance Retail additional bolstered its processing atmosphere all through the yr by means of operating carefully with manufacturers, Micro, Small and Medium Enterprises (MSMEs), provider suppliers and native and world logo corporations.
RIL mentioned the corporate has constructed functions thru natural expansion, acquisitions and strategic partnerships with an funding of Rs 30,000 crore in FY 2021-22. Reliance Retail added over 2,500 new retail outlets and 11.10 million sq. toes of warehouse house all through the yr.
The corporate has added a mean of 7 retail outlets in keeping with day within the ultimate monetary yr.
On its strategic priorities and technique going ahead, Reliance Retail mentioned it’ll boost up “new store expansion” and proceed to concentrate on rising the virtual trade trade.
It may even paintings to toughen provide chain control and product and design environments to enhance trade expansion, the record mentioned.
