New Delhi: Domestic retail giant Reliance Retail tops the 50 fastest growing retail companies in the world. Reliance Retail topped Deloitte’s ‘Global Power of Retail Sector-2020’ index for the period 2012-13 to 2017-18.
Reliance is part of the Reliance group of retail industrialist Mukesh Ambani. Deloitte ranked 250 global companies based on their 2017-18 revenue statement.
According to the report, Reliance Retail topped the index in 2017-18, while in 2016-17, it was sixth. While Walmart stores ranked first in the ‘Global Power of Retail Sector-2020’ index and Costco Wholesale Corp was second. While Amazon is at third place in this index. According to the report, Reliance Retail is the only Indian company to be included in this list. The rest are mostly from Japan, China and Hong Kong.
