Reliance Industries Ltd (RIL) is gearing up for its next growth phase by establishing state-of-the-art manufacturing and export platforms. Chairman and Managing Director Mukesh Ambani announced this strategic move during the 49th Annual General Meeting of Reliance Industries on Friday. The initiative aims to strengthen the consumer products ecosystem and expand the conglomerate's global footprint.
Two Powerful Growth-Boosting Platforms
Ambani revealed that RIL will introduce "two powerful growth-boosting platforms" connecting Reliance Retail with its fast-moving consumer goods (FMCG) arm, Reliance Consumer Products Ltd (RCPL). He described this as another "great leap forward" for the company. The first platform focuses on manufacturing, extending across beverages, daily essentials, and fresh fruits and vegetables—a highly unorganized category. "This category is in urgent need of waste reduction, hygiene promotion, and higher safety standards. We will modernize by bringing our sourcing, cold-chain, and distribution strength to fresh produce. This will give farmers fairer returns, shopkeepers dependable supply, and every family fresher food at fairer prices," Ambani stated.
Garment Manufacturing Ecosystem
Additionally, Reliance is developing a future-ready garment manufacturing ecosystem to produce high-quality apparel at competitive prices. Ambani noted that the company has forged supplier partnerships across 21 manufacturing clusters nationwide to support this initiative. "We have created supplier partnerships in 21 pan-India clusters, where these garments will be manufactured," he said.
Affordable Electronics Manufacturing
The conglomerate also plans to expand affordable electronics manufacturing, covering products such as smart eyewear, televisions, smartphones, and connected wearables, while maintaining a strong focus on customer service. "We will also do the same for affordable electronics, from smart eyewear to televisions, smartphones, and connected wearables, with a continued focus on superior customer service," Ambani added.
Exports Platform
Reliance is also setting up an exports platform, which Ambani described as a logical extension of its manufacturing platform in retail. "The rapid growth in our consumer brands business in India has given us the confidence to build a strong and scalable global FMCG business. Our export journey reflects the growing strength of our brands, our competitive product portfolio, and our ability to serve diverse consumer needs across global markets," he said.
Financial Performance
In fiscal year 2026, Reliance Retail reported sales and services value of Rs 3,71,085 crore, marking a 12.1 percent year-on-year increase. Reliance Retail, which began 20 years ago with its first store in Hyderabad, now operates over 20,000 stores. "Within five years, we had crossed 1,000 stores and USD 1 billion in annual sales. Within eight years, we had become India's largest retailer. And in the fourth quarter of FY 26, we crossed 20,000 stores, a scale no retailer in Asia has achieved in such a short time," Ambani concluded.
