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• Reliance Retail eyes Rs 1 lakh cr revenue

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  Mamta Mamta    Group moderator

  The company name is only visible to registered members.

  Reliance Retail eyes Rs 1 lakh cr revenue

  
  
  
  NEW DELHI: Reliance Industries, which opened nine retail outlets in the NCR on Monday, is aiming at opening 6,000 outlets in 784 cities and towns by 2010-11. CEO of Reliance Retail Raghu Pillai said, by 2010-11, company's revenue would be Rs one lakh crore.
  
  The company has earmarked an investment of Rs 25,000 crore to create a pan India retail network that would connect farmers to end consumers without involving any middle man. As per the plan, the company will have 6,400 procurement centres all over the country. Each centre will have a cold storage to store the vegetables and dairy products.
  
  ......contd.......
  
  http://timesofindia.indiatimes.com/NEWS/India_Business/Relia...
  
  • 30 Jan 2007, 05:04 am
  Mamta Mamta wrote: > NEW DELHI: Reliance Industries, which opened nine retail outlets in > the NCR on Monday, is aiming at opening 6,000 outlets in 784 cities > and towns by 2010-11. CEO of Reliance Retail Raghu Pillai said, by > 2010-11, company's revenue would be Rs one lakh crore. > > The company has earmarked an investment of Rs 25,000 crore to create > a pan India retail network that would connect farmers to end > consumers without involving any middle man. As per the plan, the > company will have 6,400 procurement centres all over the country. > Each centre will have a cold storage to store the vegetables and > dairy products. > > ......contd....... > > http://timesofindia.indiatimes.com/NEWS/India_Business/Reliance_Retail_eyes_Rs_1_lakh_cr_revenue/articleshow/1525112.cms