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Reliance invests Rs30k cr in retail in FY22
Adds 2,500 new stores, about 7 stores per day, 1.50 lakh jobs taking total headcount to 3.61 lakh
image for illustrative purpose
New Delhi: Reliance Industries (RIL) invested Rs30,000 crore ($3.76 billion) in its retail business and added 2,500 stores, taking the total store count to 15,196 in FY22.
Besides, Reliance Retail added 11.1 million square feet of warehousing space during the year, nearly doubling the warehousing space to 22.7 million square feet, Reliance Industries Ltd (RIL) said in the annual report for FY22.
In FY22, Reliance Retail added over 1.50 lakh jobs, taking its total headcount to 3.61 lakh.