India In-Focus — Reliance eyes building $6.5bn consumer goods business; Wheat ban to curb unregulated trade
MUMBAI: India’s largest 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.
Reliance, owned by Indian billionaire Mukesh Ambani, plans to build…
