Reliance Retail to invest Rs 40,000 Cr to set up Asia's largest Integrated Food Park

Mumbai, Aug. 30 -- Reliance Retail plans to "invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, robotics and sustainable technologies, securing lasting cost leadership", Reliance Industries Director Isha Ambani said, while addressing the 48th Annual General Meeting (AGM) of the company.

Reliance Retail, whose gross revenues crossed Rs 3.30 lakh crore in FY25 with 1.4 billion transactions and operates nearly 20,000 stores across India also plans to increase its digital reach with e-commerce platforms like JioMart and AJIO to expand coverage of hyperlocal delivery services.

"Our online channels contribute a high single-digit share of retail revenues but will grow to over 20 per...