Mukesh Ambani is planning to accelerate rollout of JioMart given encouraging progress on pilot programs of grocery model with kirana partners and beta version of online platform with consumers across 200 cities.
JioMart is already clocking over 0.25 mn orders/day, comparable to 0.2-0.3 mn orders serviced by BigBasket and Grofers on a daily basis. JioMart is now focusing on increasing its geographical reach, enhancing its delivery capabilities and customer experience and expanding to other product categories including electronics, fashion, pharmaceuticals and healthcare in the near term.
Reliance has also indicated that it has received interest from strategic and financial investors in Reliance Retail, who they plan to induct in next few quarters
