DELHI: The company’s chairman Mukesh Ambani is addressing the annual general meeting of Reliance Industries, the country’s largest company by market cap. He said that we are standing in the midst of human tragedy due to Corona. Many employees and shareholders of the company have suffered the havoc of the corona virus epidemic. Our condolences are with their families.
Mukesh Ambani said that Reliance Retail will give jobs to 10 lakh people in the next 3 years. He said that Reliance Retail has created 65000 new jobs in the last one year and its workforce has exceeded 2 lakhs. He said that we will invest in research, design and product capability. We will develop supply chain infrastructure and link source and consumption locations across the country.
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Despite Corona, we opened 1500 new stores, which is the biggest expansion of any retail company in the country in a year. Now the number of Reliance Retail stores has gone up to 12,711. Today every eighth Indian buys from Reliance Retail.
Our apparel business sells 5 lakh units per day i.e. 180 million units annually, which is more than the total population of UK, Germany and Spain. AJIO has become the leading digital commerce platform for fashion and lifestyle. At the same time, Reliance Retail sold more than 30 lakh units per day. JIOMART got the highest number of 6.5 lakh orders in a day. In the last one year, Jiomart has helped more than 3 lakh shopkeepers and traders in 150 cities.
Great growth in Jio business
Despite the coronavirus infection, Jio’s performance has been better. Jio has become the first company that has more than 400 million subscribers in any one country except China. Due to this, Jio has become the second largest mobile data handling company in the world today.
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Our first plan is to set up a 4 Giga factory. These plants will be equipped with new energy ecosystem. The company will spend Rs 60,000 crore on the construction of these factories in the next three years.