Reliance targets Rs 1 lakh crore RCPL revenue, JioMart in 1,200 cities by 2030
AGM 2026 lays out a five-year retail and digital roadmap: double consolidated Ebitda, file Jio Platforms IPO DRHP, scale RCPL to Rs 1 lakh crore, expand JioMart across 1,200 cities, and build out 21 apparel clusters alongside beverages and essentials manufacturing.
What happened
Reliance Industries · At AGM 2026, Reliance unveiled plans to double consolidated Ebitda in five years, file Jio Platforms IPO DRHP, target Rs 1 lakh crore RCPL
Key facts
- Rs 1 lakh crore RCPL revenue by 2030
- 1,200 cities JioMart expansion
- 21 apparel clusters
- $3 billion green ammonia deal
- double Ebitda in 5 years
Why this matters
Expect aggressive M&A and partnership activity around apparel clusters, beverages, and essentials as Reliance races to hit Rs 1 lakh crore RCPL revenue and 1,200-city JioMart coverage by 2030.