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Reliance Digital breaks 100-store barrier

by Stuart Wilson, Wednesday 17 October 2012

Indian IT and consumer electronics retailer Reliance Digital has broken through the 100-store barrier as its rapid expansion continues. Reliance Digital, part of the Reliance Retail group, stocks 150 international and national brands and offers consumers more than 4,000 separate products. Reliance Digital aims to help customers throughout a product’s lifecycle offering and advice and post-sales support service under the ResQ brand.

The Reliance Retail group has announced 48% sales growth during the first half of its fiscal 2012-2013 trading year with revenues hitting US$928m. The company has embarked on opening new stores despite pressures created by a sluggish economy.

Mukesh Ambani, chairman of the Reliance Group reckons that the retail segment of the company will act as a growth engine for the business in the long-term.

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April, 2021

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