55.55 (4.00%) Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) is reportedly planning to build Jio Hubs, which will be a one stop for all consumer items sold by RIL and the shop will have products from electronics to groceries, for providing a mall shopping experience for small towns people. The company is eyeing to strengths its Reliance Retail’s physical stores and Jio’s digital infrastructure to increase sales in smaller towns.
RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.