Home / Industry / Retail /  No smooth sailing for Reliance in FMCG sector

At its annual general meeting last month, Reliance Industries Ltd (RIL) announced its plans to enter India’s fast-moving consumer goods (FMCG) sector through its subsidiary Reliance Retail. In many ways, this holds the promise of further disruption of a sector that is already undergoing a revamp following the outbreak of coronavirus. The industry grew at its fastest in nearly a decade last year, even as high raw material costs keep the financials of companies on the edge. Moreover, the entry of e-commerce platforms with super-fast deliveries and discounted prices has changed the way customers shop. Mint explores the FMCG landscape and RIL’s prospects, in numbers:

Reliance’s FMCG entry challenge
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Reliance’s FMCG entry challenge

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