Reliance retail's expansion

India records transaction of more than 900 billion dollar in the Indian retail market and is estimated to reach up to anywhere between 1.3 trilion and 1.5 trillion. The organised retail is gaining around 15% market share in overall retail in food and grocery, aparrel and lifestyle account for 80% of India's retail market. 

Reliance had made some acquisitions and partnership with companies like Hamleys, Dunzo, Zivame and more. It has now also partnerned with the famous American company 7-Eleven. According to studies sales of the premium segment has been booming these days. The Reliance retails competitors are nowhere near for a competition with the Reliance retail, as the company has got over 15,000 offline retail stores across categories compared with Dmarts 249 stores and Aditya Birla 3,468 outlets. Reliance revenue has grown five times in the last 5 years time and generates 18 billion dollars which is greater than all competitors combined. Reliance should keep adapting to customer's evolving preferences in the market. 

According to Mukesh Ambani, the aim of Reliance is to become one of the top 10 retailers globally by assuming that the income and consumption power of the Indians will increase in the coming years.