Reliance sets Rs 1 lakh crore FMCG target by FY30 as retail network hits 20,160 stores
Isha Ambani unveiled RCPL's FY30 ambition at Reliance AGM 2026, anchored by Campa's Rs 4,700 crore FY26 run-rate and 21 manufacturing clusters. Retail clocked 1.93 billion transactions (+39%); JioMart spans 1,200 cities, Ajio Rush covers 600+ towns. Jio Platforms has filed its DRHP.
What happened
Reliance Retail · At Reliance AGM 2026, Isha Ambani set a Rs 1 lakh crore FY30 FMCG revenue target for RCPL. Retail network reached 20,160 stores; JioMart leads
Key facts
- Rs 1 lakh crore FMCG revenue target by FY30
- 1.93 billion customer transactions, up 39%
- 20,160 stores
- 78 million sq ft
- 1,000+ Smart Bazaar stores
- Ajio 7x growth in 5 years
- Ajio Rush in 600+ towns
- JioMart 3,100+ stores across 1,200 cities, 5,100 pin codes
- Campa Rs 4,700 crore gross sales FY26
- 21 manufacturing clusters
Why this matters
RCPL's Rs 1 lakh crore target signals an aggressive M&A and private-label consolidation runway in Indian FMCG, pressuring incumbents and opening bolt-on opportunities in regional brands within Reliance's cluster geographies.