Reliance AGM: Reliance Retail bets on AI and consumer intelligence to power next phase of growth

At its AGM, Reliance Retail reported strong FY26 growth with footprint expanding to 20,160 stores across 78 million sq ft, while Smart Bazaar crossed 1,000 grocery stores. JioMart quick commerce now serves over 1,200 cities with daily orders growing 3.6 times year-on-year, AJIO's average bill value rose 23 percent and jewellery average bill value grew 53 percent year-on-year. Executive Director Isha Ambani said the next phase of growth will be powered by AI and consumer intelligence, positioning Reliance Retail to become one of India's largest FMCG companies over the next decade.