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Reliance Retail growing rapidly in the world

February 24, 2020

Reliance Retail growing rapidly in the world

Reliance retail is 56th in the world and growing rapidly worldwide. Deloitte’s report stated, “Reliance retail jumped from sixth position to first position in the year 2018 with a compound annual growth rate CAGR of 55.8%”.

Reliance retail is the only Indian company to be featured in the Deloitte Global Retailing Powers rankings. It is the first company to operate over 10,000 stores and it generated a revenue of $18.5 billion.

Deloitte India spokesperson said, “Although the economy of India is declining, the flexibility of global economic sector will reflect in our country”.

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