RIL to launch first retail store in Hyderabad

MUMBAI: Reliance Industries, India's largest private firm, is likely to launch its first retail store in Hyderabad in the next fortnight.

The Mukesh Ambani-run company is planning to open five to 10 retail stores in Hyderabad within a fortnight, industry sources said.

A company spokesperson, however, declined to comment.

Nita Ambani, Mukesh Ambani's wife, is designing the stores and will be incharge of branding.

While Mukesh Ambani aide Manoj Modi will head the company's retail venture, Nita Ambani would be incharge of branding, communications and people outreach.

She would deal with Reliance Retail's corporate social responsibility (CSR) initiatives as well as reach out to stakeholders including farmers, middle class consumers and suppliers.