Anil Ambani (ADAG) | IndiaRetailBiz

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Entries Tagged as 'Anil Ambani (ADAG)'

Anil Ambani drags brother Mukesh to court in a defamation claim worth Rs 10,000 crore?

September 26th, 2008 · No Comments

The sibling rivalry between Ambani brothers has taken a new twist with Anil Ambani filing a defamation suit in the Bombay High Court for a whopping Rs 10,000 crore (over $2 billion) against elder brother Mukesh Ambani for remarks purported to have been made by him in an interview with the New York […]

Tags: Indian · Bizarre/ Funny/ Intersting · Anil Ambani (ADAG) · Mukesh Ambani (Reliance)

Reliance Money undertakes massive expansion of rural retail network; targets over 90% tehsils (talukas) this fiscal

August 14th, 2007 · No Comments

Reliance Money, the financial products retail arm of Reliance Capital, a company owned by the Anil Dhirubhai Ambani Group (ADAG), has decided to expand distribution network in rural areas. Reliance Money is involved in selling financial products like life insurance, general insurance and mutual funds.
In a massive “inclusive growth” initiative, first […]

Tags: Financial Services · Anil Ambani (ADAG) · Expansion/ Investment/ Launch

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Quick Stats (Indian Retail)
- Market size (total) 2006: US$ 300 bn/annum
- Market size (total) 2010: US$ 427 bn/annum
- Market size (total) 2015: US$ 637 bn/annum
- Market size (modern retail) 2006: US$ 9-12 bn/annum
- Market size (modern retail) 2011: US$ 60 bn/annum
- Annual rate of growth (modern retail): 35%
- Penetration (modern retail) 2006: 3 to 4%
- Penetration (modern retail) 2010: 10%
- Number of retail outlets (total): 12 million
- New Investment by 2011: US$ 30 bn
- No. of persons employed (total): 21 mn
- No. of new jobs in next two years: 2 mn.
- No. of dollar designated millionares in India(2006) 100,015
- Typical space per outlet: 100 to 500 sq.ft.
- Space occupied (modern retail): 35 mn sq.ft.
- Operating Malls 2007: 114 (35 mn sq.ft.)
- New Malls under construction: 361 (117 mn sq.ft.)
- New space distribution: 65% (top 7 cities), 35% (tier II & III cities)
- New space distribution (among top 7 cities): NCR 34%, Mumbai 23%, Rest 43%
Statistics, most of which is in the form of estimates, contained herein above, is based and published research/ news reports.
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