Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire

Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire

Reliance Consumer Products is expanding by acquiring regional legacy brands rather than digital-first startups. The strategy taps loyal local customer bases and plugs them into Reliance’s vast retail network to scale nationally.

The consumer arm of billionaire Mukesh Ambanis Reliance Industries has been steadily buying regional legacy brands with strong local recall. By plugging these brands into Reliances vast retail and di… [+6036 chars]
Mint Explainer: Why Reliance is betting on legacy regional brands to build its FMCG empire - FHMnews