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Reliance to increase workforce

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Undeterred by the protests against it, Reliance Retail has drawn up plans to increase its workforce to one million within the next four years.

“We will be having a million people working for us within the next four years. What took Wal-Mart to achieve in 30 years, Mukesh Ambani plans to do that in four years,” Susan Bloch, chief culture officer of Reliance Retail Ltd., told the Fortune Global Forum in Hyderabad.

It was in Hyderabad that Reliance Fresh was launched first in November last year and since then it has opened 300 stores in 30 cities and has earmarked an investment of five to six billion US dollars.

In August it opened its first hypermart — a mega store spread over 165,000 sq ft — in Ahmedabad. It has plans to open hypermarts in Jaipur, Jamnagar, New Delhi, Hyderabad and Chennai before the end of this year and have 500 such stores in the country by 2010.

The Fortune Global Forum, which brings the world’s top industry leaders together, is being held in India for the first time.

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