New Delhi: Mukesh Ambani has also introduced a new brand of FMCG known as Independence. The brand will be competing with such large players as Adani Group, Tata Group, and Patanjali.
The products shall be marketed via the JioMart and Reliance retail stores. It deals with quality and cheap food products.
Researchers indicate that Reliance has a good distribution network that has an advantage. FMcG Indian market is expanding rapidly.
This is one step that demonstrates that Reliance has intentions to grow beyond telecom and retail into day-to-day consumer goods.
