Mukesh Ambani’s Reliance Retail will start FMCG business, products will be available at affordable prices

Reliance Retail will start its daily use goods (FMCG) business this year. Director of Reliance Retail Ventures Limited (RRVL) Isha Ambani gave this information on Monday. Addressing the Annual General Meeting of Reliance Industries Limited (RIL), he said that the purpose of this business is to develop and distribute products. Isha said that under the FMCG business, the everyday needs of every Indian will be met by offering high quality products at affordable prices.

Employment opportunities will also increase: Isha Ambani

Isha Ambani said that this year we will start our FMCG business. Apart from this, Reliance Retail will also market goods made by Indian artisans. He said that as part of our commitment to India’s rich culture and heritage, we will soon start marketing high quality goods made by tribals and other underprivileged communities across India.

This step will increase employment opportunities and at the same time will help in preserving the skills and knowledge of Indian artisans. RRVL is the holding company of all retail companies under the Reliance Industries Group.

Big announcements made in the meeting

Apart from this, Ambani made a big announcement saying that 5G service will start from Diwali. He said that the service would be available in every part of the country by December 2023. Ambani said that the world came out of the effects of the pandemic but geopolitical crises have increased uncertainty. Ambani said in his address that PM Modi’s goal is that India will be included in the developed countries by 2047 and Reliance Industry will fully help in achieving this goal.

At the 45th Annual General Meeting (AGM) of Reliance Industries Limited (RIL), Ambani introduced Isha as the leader of retail business. While calling Isha to speak about the retail business, he has described it as its head. Isha has also given a presentation related to online grocery ordering and online payment using WhatsApp. 65-year-old Mukesh Ambani has three children. Isha and Akash are twin siblings. While the smallest are infinite. Isha is married to Anand Piramal of Piramal Group.

(with language input)