Reliance Industries’ (RIL) Chairman & Managing Director Mukesh D. Ambani on Thursday said the company saw its biggest growth opportunity “in creating a hybrid, online-to-offline new commerce platform”.
According to Ambani, who was addressing the shareholders at the company’s 41st Annual General Meeting (AGM) here, the new commerce platform will be created through the integration of its offline retail arm and online technology platform.
He further said Reliance Retail’s revenue grew by 100 percent on a year-on-year (YoY) basis Rs 69,000 crore last year.