Get ready for an unparalleled shopping experience at Jio World Plaza in Mumbai, where luxury meets innovation. Explore the world of high-end fashion, global brands, and more in this exciting new retail haven.
Reliance Industries Ltd. (RIL) is all set to inaugurate the Jio World Plaza (JWP) on November 1st in Mumbai, creating an exciting hub for upscale shopping. This new mall is poised to showcase an array of luxury brands, including Balenciaga, Tory Burch, YSL, and Versace, catering to India’s growing affluent consumer base.
Nestled in the prestigious Bandra Kurla Complex (BKC), the JWP will seamlessly integrate with the Nita Mukesh Ambani Cultural Centre, Jio World Convention Centre, and Jio World Garden. This conglomerate, known for its wide-ranging businesses from oil to telecommunications, made the announcement on Tuesday.
Designed as a multifaceted center for retail, leisure, and dining experiences, the JWP will introduce several global brands making their debut in India. These include Balenciaga, the Giorgio Armani Café, Pottery Barn Kids, Samsung Experience Centre, EL&N Café, and Rimowa.
For Mumbai’s discerning shoppers, this marks an opportunity to explore inaugural stores of brands such as Valentino, Tory Burch, YSL, Versace, Tiffany, Ladurée, and Pottery Barn. Additionally, flagships from renowned names like Louis Vuitton, Gucci, Cartier, Bally, Giorgio Armani, Dior, and Bulgari will be showcased.
Furthermore, the JWP will feature distinguished Indian designers like Manish Malhotra, Abu Jani-Sandeep Khosla, Rahul Mishra, Falguni and Shane Peacock, and Ri By Ritu Kumar.
Isha M Ambani, director of Reliance Industries Ltd., stated, “Our envisioning of Jio World Plaza is aimed at bringing the best global brands to India, as well as highlighting the prowess and craftsmanship of top Indian brands, to create a very unique retail experience. Our pursuit of excellence, innovation, and enhancing customer experience continues to propel us in every venture.”
The debut of JWP aligns with India’s growing affluent consumer demographic. A 2023 ‘Wealth Report’ by Knight Frank projects a 58.4% growth in India’s ultra-high-net-worth individuals (UHNWI) with a net worth exceeding $30 million over the next five years, expecting the number to reach 19,119 by 2027. The billionaire count is likely to grow from 161 in 2022 to 195 in 2027.
In recent years, India has witnessed the increasing presence of global luxury brands through fashion events and exclusive collections.
In a related development, Aditya Birla Fashion and Retail Ltd. (ABFRL) partnered with Paris-based luxury store Galeries Lafayette last year to introduce luxury department stores and a distinct e-commerce platform in India. The flagship stores in Mumbai and Delhi will bring together more than 200 luxury and designer brands under one roof.
Spanning four levels and a vast 750,000 sq. ft., the Plaza at BKC will host a diverse collection of 66 luxury brands. Its architecture, inspired by the lotus and nature, was brought to life through a collaboration between the US-based international architectural firm TVS and the Reliance team.
With features that range from a contemporary sculpture by Jitish Kallat at the entrance to top-tier restaurants and a gourmet food section, the Jio World Plaza is committed to offering a premier shopping experience.
Enhanced services, such as personal shopping assistants, VIP concierge, taxi services, wheelchair facilities, hands-free shopping, and more, underline the Plaza’s dedication to its patrons.