Mumbai, June 20 -- Reliance Retail officially announced at the 49th annual general meeting (AGM) of the Mukesh Ambani-led Reliance Industries Ltd on Friday that it plans to expand into manufacturing and exports, besides increasing its presence in fast-moving consumer goods (FMCG) categories.
Speaking at Reliance Industries AGM, Chairperson Mukesh Ambani said, "Reliance Retail is now poised for another great leap forward. Between Reliance Retail and RCPL, we will add two powerful growth-boosting platforms".
The company will build two dedicated platforms for manufacturing and exports, as part of its broader push towards consumer goods space, he said, even as he unveiled an advanced manufacturing platform which will manufacture beverages, da...