Mukesh Ambani and Nita Ambani’s daughter Isha Ambani makes big statement about Reliance Retail, says ‘its success will be….’
Executive director of Reliance Retail, Isha Ambani is linking the company’s growth to India’s development. Speaking to Fortune India, Isha stated that Reliance Retail will work for inclusive progress, especially in rural India.
“My role transcends the conventional boundaries of business leadership. It is my sacred duty to ensure that Reliance Retail’s growth is intrinsically linked to India’s growth story,” Isha said.
Recently her mother Nita Ambani said that it was Isha’s decision to join Reliance Retail as per her personal interests. Isha said that through Reliance Retail, she wants to empower millions of Indian consumers, especially those in rural India.
In the same interview Isha added, The company’s success will not only be measured by the financial performance, but by the positive and lasting impact it has on the lives of millions, and the contribution it makes to the nation’s progress.
Isha wants to reduce the gap between the urban-rural and make access to quality goods and services available to all. “Our mission is to empower millions of Indian consumers, especially those in rural Bharat. This goes beyond mere commerce; it is about fostering inclusive growth and uplifting the aspirations of every Indian,” she explained.
Reliance Retail supports sustainable livelihoods, nurtures micro, small, and medium enterprises (MSMEs).
Reliance Retail Performance
Reliance Retail expanded from 2,621 stores to 19,102 stores as of December 2024. The company reported a gross revenue of Rs 3,06,786 crore in FY24, with a 17.8% growth over FY23, while net profit increased by 20.9% to Rs 11,101 crore.
Isha Ambani leads Reliance Retail, handles e-commerce platforms like Ajio and the beauty platform Tira. Reliance Retail is a part of Reliance Industries. Isha is also involved in other ventures like Reliance Jio. Isha is a board member of Reliance Jio, and played a big role in its launch in 2016.
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