Ambani Succession Plan: Isha Ambani will be crowned at Reliance Retail, may be announced today

Posted on 29th Jun 2022 02:01 pm by rohit kumar

Mukesh Ambani, one of the world's richest industrialists, is currently working on his success plan. After handing over the command of Reliance Jio to son Akash, preparations are on for the coronation of daughter Isha. According to reports, Isha Ambani may be made the chairperson of Reliance Retail soon. She will look after the retail business. Bloomberg has claimed this in one of its reports. Let us tell you that in the board meeting of Jio on June 27 itself, Akash Ambani was appointed chairman by the board of Jio Infocomm Ltd.

 

may be announced soon

 

In a Bloomberg report, quoting sources close to the family, it has been claimed that the announcement of Isha Ambani becoming the chairperson can be made on Wednesday. Isha Ambani is currently the Director of Reliance Retail Ventures Limited. Isha has studied at Yale and Stanford University. In 2015, she joined the family business. He is also on the board of Jio Platforms, Jio Limited. She was married in December 2018 to Anand Piramal, son of businessman Ajay Piramal.

 

 

The company has a business of $ 900 billion in India

 

Let us tell you that Mukesh Ambani, chairman, and MD of Reliance Industries, has started working on his succession plan in his subsidiaries, the most important of which is Reliance Retail and Reliance Jio Infocomm. In this episode, he handed over the responsibility of Reliance Jio Infocomm to Akash Ambani on June 27. Now he is preparing for a significant change in Reliance Retail.

 

Significantly, the retail market of Reliance Retail in India is about $ 900 billion (about Rs 70 lakh crore). By the year 2024, it is being speculated to be $ 1.3 trillion (about Rs 100 lakh crore).

 

Also Read: Akash Ambani became the chairman of Reliance Jio, Mukesh Ambani did the design from the director's post

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