Caselet-I credits grand retail scheme could duad deck right from rock oil to hyper markets. PICTURE THIS: YOU DRIVE INTO YOUR neck of the woods flatulency PUMP, TANK UP, CROSS OVER TO the adjoining supermarket, nibble up your food and groceries, stumble into another outlet for talk-time, and then(prenominal) crash down in the corner chocolate surf. forthwith what if that raise pump is a Reliance outlet, the one in which you refill your mobile phone an RIM Web World, and the coffee shop a Java Green. For good measure, there ability to a fault be a Vimal showroom, offering you suits, shirtings, countersink material, pillows, cushions and bedcoers. Sounds improbable? perchance not. Not when its the Rs. 99,000 crore Reliance heap thats cookery a retail foray. For, whenever the Ambanis undertake a venture, its got to be a mammoth scale. Recently death chair Mr. Mukesh Ambani made drop off his resolve to revolutionize petroleum retailing . ( Reliance fossil oil will be rolling out 5,849 petroleum retails over the next three- quintuple years.) Indeed, Reliance could be looking beyond the purview of petroleum. Officials separate a detailed retail strategy will be unveiled only after September.
provided as Arvind Singhal, Chairman, KSA Technopak India, a Delhi retail consultancy, points out: I wouldnt be surprised if Reliance is puzzleting into the hypermarkets business, like the RPG group and the Rahejas. The food and groceries market is estimated at Rs 600,000 crore, textiles and clothing another Rs 80,000 crore and consumer durables at Rs 40,000 crore. Whatever shape the retail thrust takes, Ambanis game! plan is clear. As he had put it at a recent press meet, the supposition is to deliver new-sprung(prenominal) retailing experiences for the consumer. (This is an extract from the Business Today cut back name Rel Mart, Anybody? authored by Ms. Swati Prasad.) Caselet-II Honda to club India, China biz As part of a global strategy, Japanese auto major(ip) Honda Motor high society (HMC) is looking to integrate the beingnesss largest...If you want to get a full essay, pose it on our website: BestEssayCheap.com
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