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E-commerce
Reliance Retail has taken over the Indian ‘kirana’, now it’s coming for our kitchen shelves. The company is acquiring local consumer brands, which will be sold through its own retail and kirana store network, Reliance Industries’ chairman Mukesh Ambani said in the company’s AGM earlier this week.
Reliance is serious about scaling up the grocery business housed within Reliance Retail, even though the fashion and consumer electronics verticals remain a bigger part of the Rs 2,00,000 crore retail business (as of the year ended March 2022).
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