Is Reliance Retail a product based company?

Reliance Retail Limited FAQs No Comments

No, Reliance Retail Venture Limited is not a product based company. Reliance Retail primarily markets the products of third party players. It is the retail initiative of Reliance Industries Limited is central to the group’s consumer facing business. It is housed under Reliance Industries Limited with 85.12% stakeholding. It is India’s fastest growing, largest and most profitable company. The company offers a wide range of products such as groceries, foods, footwear, lifestyle and electronics goods, consumer goods, consumer durables, energy, travel services, internet, entertainment and leisure, health and well-being products, personal hygiene, home care and beverages.

The company is far ahead of its competitors. The revenue of the company is 3x compared to its nearest competitor. It is the most favourite company for investors in unlisted space. However, the valuation has skyrocketed now.

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