Mukesh Ambani announces Isha Ambani as head of Reliance Retail

This year, Reliance Retail opened over 2,500 stores, bringing its total store count to over 15,000, spanning an operational area of 42 million sqft.

Mukesh Ambani introduces his daughter Isha as the new head of the Reliance Group’s retail division.

In another sign, the billionaire is moving ahead with a succession plan in one of Asia’s wealthiest families.

Jio To Invest Rs 2 Lakh Crore In 5G; Metro Rollout By Diwali Reliance Retail and Reliance Jio are subsidiaries of the family’s oil-to-telecom conglomerate, Reliance Industries Ltd, which is worth $217 billion.

Mukesh Ambani, 65, has three children: twins Akash and Isha, and Anant, his youngest son.