Industries (RIL) on Thursday announced its retail plans. The company plans to rollout a total of 1500 supermarkets and 1000 hypermarkets. The rollout begins September 2006.
The total investment in the venture is pegged at Rs 20,000 crore (4.5 million dollars) Of this, Rs. 5000 crore (1.12 million dollars will be invested in supply chain management.