Reliance, India’s most valuable company, sold half a million (5 lakh pieces) of apparels per day during last fiscal and in future the company sees massive growth in its overall retail business.
Mukesh Ambani, Chairman, Reliance Industries shared this during the 44th Annual General Meeting (AGM) of the company.
“Our apparel business sold nearly five lakh units per day and over 18 crore units during the year. This is equivalent to dressing the entire population of UK, Germany and Spain once. Ajio has emerged as one of the leading digital commerce platforms for fashion and lifestyle with a portfolio of over 2,000 labels and brands and listing of over 5 lakh options. Driven by innovation, Ajio now contributes to over 25 per cent of our apparel business,” he said.
He further added that Reliance Retail continues to be the undisputed leader in organised retailing in the country, with scale that is more than 6 times the next competitor. We are by far the leader in each category — grocery, electronics and apparel.
Apart from apparel retail, Reliance is the largest producer of polyester fibre and yarn in the world.
Known for marketing high-end brands in India such as Burberry, Bally, Gas, Kate Diesel, Spade and few more, Reliance Brands is the premium unit of Reliance Retail.
“You are well aware of Reliance’s epic journey — from being a small textile company that had its IPO less than 50 years ago to joining the ranks of 50 most valuable companies in the world,” Mukesh said.
Bharat Tex Special Report 2026 
