Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1395.90
4.00 (0.29%)
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Reliance Industries’ retail arm to launch its e-commerce portal: Report

Date: 10-03-2015

Reliance Industries’ retail arm -- Reliance Retail – is reportedly all set to launch its e-commerce portal in April/May. In this regard, hiring is on in full swing to put together a 2,000-strong e-commerce team along with an 8,000-10,000 team for delivery, supply chain and logistics, sources familiar with the company’s plans told BusinessLine.

The launch of the portal was earlier scheduled for the third quarter of FY-2015. The reason for the delay is because the company wants to wait until the roll-out of Jio’s 4G LTE services across the country, which will allow hundreds of thousands of Indians access digital commerce services from their mobile phones itself.