Home JioMart Blog How big is Mukesh Ambani’s Jio Mart Project?

How big is Mukesh Ambani’s Jio Mart Project?

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Reliance Retail and Reliance Jio combined have already soft-launched the new e-commerce platform named Jiomart on 31st Dec 2019. This amazing new platform is initially running in the city of Mumbai mainly in places like Navi Mumbai, Thane, and Kalyan. They have still not decided on the final launch of the company, but when they do we can assure you that it will be a huge hit within a short span of time. This is because they already have a loyal customer base who trust the brand.

The company has revealed that its new revenue plan a few months before and the plan is seen as a $700 billion opportunity for the company. RIL retail plans to “empower” 30 million small traders and merchants through its platform. The main purpose of Jiomart is to completely transform the disorganized retail market.

Reliance Retail is also working on the merchant Point of Sale(PoS) system in order to create an ecosystem for India’s commerce. This is one of the new-age technologies that is being deployed on a pan-India basis in order to link producers, traders, small merchants, consumer brands and shoppers together. This amazing platform is designed for inventory management, customer relationship management, financial services, and other services as said by RIL Chairman.

The conclusion, Only time can say how huge Jiomart can become. All you have to do is just wait for the updates as well as the final launch

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