Reliance maps FY30 retail blueprint: RCPL to ₹1 lakh crore, 21 garment clusters, AI-led commerce stack

At AGM, Reliance Retail set RCPL revenue trajectory from ₹22,000 cr in FY26 to ₹1 lakh cr by FY30, backed by 21 manufacturing clusters and 200,000 jobs. Group layers in 120 MW AI capacity, 500M Jio users and JioHotstar's 451M MAU to fuse consumer, content and commerce.

— Source publishedFri, 19 Jun, 2026, 17:51 IST·First seen Fri, 19 Jun, 2026, 18:03 IST·Source CNBC-TV18 · Companies

What happened

At Reliance AGM, leadership outlined retail roadmap: RCPL targets ₹1 lakh crore revenue by FY30 after doubling to ₹22,000 crore in FY26; Reliance Retail deepens

Key facts

  • RCPL FY26 revenue ₹22,000 crore
  • RCPL FY30 target ₹1 lakh crore
  • 200,000 jobs
  • 21 manufacturing clusters
  • 40 GWh gigafactory
  • 120 GWh capacity expansion
  • 120 MW AI phase by end-2026
  • 500 million Jio users
  • JioHotstar 451 million MAU
  • Tadka 100 million users

Why this matters

Map M&A and partnership targets across private-label apparel manufacturing, AI infra, and content-commerce adjacencies where Reliance's 500M Jio + 451M JioHotstar funnel can be plugged in to accelerate the RCPL build.