India’s Reliance to buy dozens of brands in $6.5bn consumer goods play
Inside Retail
MAY 15, 2022
India’s biggest retailer Reliance will acquire dozens of small grocery and non-food brands as it targets building its own $6.5 billion consumer goods business to challenge foreign giants like Unilever, two sources familiar with the plan told Reuters. billion) of annual sales from the business within five years.
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