If market sources are to be believed, Reliance Retail, the retail business of Reliance Industries Ltd. (RIL), is looking for around 150 to 200 senior executives that include Vice-President roles and above, with annual salaries of Rs. 1 crore or even more.
As per media reports, Reliance Retail Ventures Ltd. is also trying to fill 60,000 junior- to mid-level positions over the next three quarters– many of them at its outlets.
The senior executives are being recruited from the competition and global chains.
Reliance Retail operates both online and offline stores, including Reliance Trends, Reliance Smart, Reliance Digital, Ajio.com and JioMart.
Reliance Brands has collaborated with international brands like Armani Exchange, Jimmy Choo, Kate Spade New York and Indian designer Manish Malhotra, to mention a few.
The hiring plans come at a time when the retail business has tied up with several global brands and opened new outlets –with plans to launch many more in the next few months.
It is pertinent to mention here that in recent months Reliance Retail has inked several tie-ups including Reliance Retail Ltd. signing a long-term franchise agreement with Gap Inc. in July.
Prior to that, Reliance Brands also announced a strategic partnership with global fresh food and organic coffee chain Pret A Manger.