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MPW 2022: Isha Ambani's journey to dominate India's retail sector

MPW 2022: Isha Ambani's journey to dominate India's retail sector

Isha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. It has been a journey marked by stupendous growth

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Isha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. It has been a journey marked by stupendous growthIsha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. It has been a journey marked by stupendous growth
Krishna Gopalan
  • Mar 6, 2023,
  • Updated Mar 29, 2023 10:11 AM IST

Isha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. Since then, it has been a journey marked by growth. Be it raising funds, bringing in new formats, or signing on the marquee names, Ambani, who picked up an MBA from Stanford, has left no stone unturned. No wonder that she is a part of the Business Today Most Powerful Women in Business 2022 list. Today, Reliance Retail is the largest in the business by a distance. With its turnover now having crossed `2 lakh crore and with an Ebitda margin of 7 per cent, the stage is well set. That comes with a customer base of close to 200 million and over 15,000 stores. That is some serious footprint to boast of.

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Isha Ambani took charge of Reliance Retail in 2014 when the business needed that big push. Since then, it has been a journey marked by growth. Be it raising funds, bringing in new formats, or signing on the marquee names, Ambani, who picked up an MBA from Stanford, has left no stone unturned. No wonder that she is a part of the Business Today Most Powerful Women in Business 2022 list. Today, Reliance Retail is the largest in the business by a distance. With its turnover now having crossed `2 lakh crore and with an Ebitda margin of 7 per cent, the stage is well set. That comes with a customer base of close to 200 million and over 15,000 stores. That is some serious footprint to boast of.

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ABOUT THE AUTHOR

Krishna Gopalan

Based in Mumbai, Krishna Gopalan has reported across sectors that include telecommunications, cement, media and entertainment, private equity, consumer and metals. His current job profile entails writing on large conglomerates for which he interviews prominent CEOs. Krishna has a deep interest in business strategy and is intrigued by why organisations do what they do. His writing experience of over 25 years has had stints in The Financial Express, The Economic Times, Fortune India and Outlook Business. At Business Today, he contributes to the magazine, online and also appears on television.

Krishna reads widely on business, politics and Indian history. A Chevening scholar (batch of 2007), he spent three months in the UK that included an internship with the Financial Times in London. He is a published author with his first book, The Making of Don, based on the 1978 Hindi film starring Amitabh Bachchan, hitting the stands in 2013. Academically, he is a postgraduate in Economics from the University of Madras and holds an MBA from NMIMS, Mumbai.

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