INDEPENDENCE

MUKESH AMBANI HAS LAUNCHED A NEW GROUP FOR CONSUMER GOODS

RIL's FMCG Foray

The consumer products  along with the FMCG arm of Reliance Retail, on Thursday declared about the launch of  made-for-India consumer has packed the goods under the new brand 'Independence' in Gujarat

'Independece' Selling Products

The selling products are ranging from staples  to processed foods and other  daily essentials.

What is 'Indpendence''?

Reliance has planned to make Gujarat as a 'go-to-market' state to expose FMCG business along with the  rolling over  the brand nationally soon.

Mukesh Ambani's Speech

RIL Chairman declared about the entry into FMCG market at 45th AGM in August and  directrly competing  with thhe fonds of Uniliver and ITC.

RIL's FMCG Brand Purchase

RIL has set to acquire the brands like Garden  Namkeens from CavinKare, the other brands are Lahori zeera, and Bindu Beverages. the branc may but soft drink brand  Campa just dor Rs. 22 Cr.

Reliance Retail Ventures

It has reported that Reliance Retail Ventures  has  consolidated the turnover about Rs. 1.99 lakh crore with the net profit of Rs. 7,0055 crore at the tear ending  on 31st March 2022.

FMCG Battle Extensions

Reliance has now come into the field with the leading country's consumer goods  layers as ITC, Tata Group and Britannia.

Gautam Adani Vs. Mukesh Ambani

Mukesh Ambani's Relince has ventured  for the sdspace  where Adani's  consumer has facing  an entity Adani Wilmar has set to bet aggressively.