Reliance Retail Deploys 600 Dark Stores to Supercharge Hyperlocal Delivery Network

To improve its coverage of deliveries that take less than 30 minutes throughout its vast network, Reliance Retail has opened more than 600 dark stores around India and intends to open more. After the quarterly results, Reliance Retail CFO Dinesh Taluja responded to an analyst question by stating that JioMart is in a better position because of its vast network of physical shops and the establishment of dark stores in specific areas. JioMart had a 42% Q-o-Q growth and a 200%+ Y-o-Y rise in average daily orders, while Reliance Retail has already operationalised 600 or so dark stores and is investing further to increase its play in speedy hyper-local delivery.

JioMart Ramping its Quick Commerce Services

With operations spanning 5,000 pin codes and served by over 3,000 outlets in more than 1,000 locations, JioMart continues to be the fastest-growing quick hyper-local commerce platform, according to Reliance Industries’ parent company’s results statement.

With its extensive network and well-placed hidden shopfronts, JioMart’s e-commerce platform—which competes with rapid commerce competitors like Swiggy Instamart, BigBasket, and Blinkit, owned by Zomato—has likely grown to be the biggest in the nation. Six months prior, during the March quarter, Reliance Retail claimed that 4,000 pin codes nationwide were served by its hyper-local delivery. Additionally, Reliance Retail has promised 30-minute delivery in ten cities for its fast hyper-local deliveries to the electronics and accessory categories.

The Recent Growth of JioMart

The business noted that JioMart attracted 5.8 million new consumers, marking a notable increase in client acquisition. This indicated a 120% Q-o-Q growth rate. The platform’s seller base increased by 20% year over year, and in order to increase customer choice, the live catalogue variety was further enlarged.

With plans to construct dark stores to increase the coverage area, Reliance Retail, which formerly had retail operations in 77.8 million square feet across India with 19,821 outlets, is drastically scaling up. Reliance Retail had previously stated that the JioMart app uses its network of Reliance Retail stores to deliver within a three-kilometre radius as part of the goal.