Reliance Retail, the world's largest retailer by sales, scale, and profit, has established the Intelligent Supply Chain Infrastructure Trust.

Reliance Industries Ltd (RIL) intends to establish up an infrastructure investment trust (InvIT) in order to monetize the backend storage and transportation assets of its retail division. According to an ET article, Reliance Retail Ltd, RIL's step-down company, has already established the foundation for the projected InvIT of its warehouse assets. Reliance Retail, the world's largest retailer by sales, scale, and profit, has established the Intelligent Supply Chain Infrastructure Trust.

According to the article, the business, run by billionaire Mukesh Ambani, intends to establish the new unit as a privately put or listed InvIT and has begun working on its financials and legal aspects. According to Sebi regulations, it must have at least five shareholders.

In addition to the trust, RIL has established Intelligent Supply Chain Infrastructure Pvt Ltd, which will oversee the administration of the assets that will be managed by the new InvIT.

This is not the first time RIL has attempted to monetize its assets by establishing an InvIT. In 2019, it sold its East West Pipeline gas pipeline network for Rs 13,000 crore to India Infrastructure Trust, an InvIT supported by Canadian investor Brookfield.