Reliance Retail to create half-a-million jobs

MUMBAI: Reliance Retail Ltd (RRL) would create half-a-million jobs and provide indirect employment to another one million over the next three years.

"Reliance Retail plans to have a pan India presence by opening over 30 Reliance Mart hypermarkets in FY 08 and over 500 by the end of FY 10. This would involve a Rs 25,000-crore investment, create half-a-million jobs and indirect employment to one million more," RIL President and Chief Executive (Operations and Strategy), Raghu Pillai, told reporters here.

"Organised retail expected to touch $60 billion by FY11, has the potential to trigger socio-economic transformation on an unprecedented scale in our country," Pillai said.

Spread across an area of 1.65 lakh sq ft, RRL's Reliance Mart will feature a range of over 95,000 products in categories ranging from fresh produce, food and grocery, home care products, apparel and accessories, non-food FMCG products, consumer durables and IT, automotive accessories, lifestyle products and footwear.

Reliance Mart would also offer some unique services to the shoppers like tailoring, shoe repaid, watch repair, a photo shop, gifting services and laundry services, all within the store.