ISHA AMBANI: THE RETAIL HEIRESS

AT THE ANNUAL GENERAL meeting (AGM) of Reliance Industries (RIL) last year, Chairman Mukesh Ambani introduced daughter Isha Ambani as the new leader of the conglomerate’s retail business, which recorded ₹2 lakh crore turnover and ₹12,000 crore cash flow in FY22, making it one of the top 10 retailers in the world

- Nevin John

The announcement is seen as a sign of the billionaire’s succession planning.

The 31-year-old heiress to the RIL empire gave a presentation on placing grocery orders and making payments using WhatsApp. She has played a crucial role in transformation of the retailer as a digital commerce giant with a separate FMCG business. She was part of Reliance Retail’s ₹47,265 crore fund-raising from global investors in FY21.