Mukesh Ambani outlines plans for e-commerce - Economics News

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Mukesh Ambani outlines plans for e-commerce

Ambani said that the platform will be first rolled out in Gujarat, hinting at tough competition ahead for Amazon and Walmart.

Image source:- https://en.wikipedia.org/wiki/Reliance_Industries
The planned e-commerce venture, powered by Reliance Jio and Reliance Retail, would be a platform to empower 12 lakh shopkeepers and retailers, he said.


Ambani said that the foray, "the second mega mission for India", will be first rolled out in Gujarat, hinting at tough competition ahead for Amazon and Walmart. The first mega venture for the company was Reliance Jio that caused ripples in the country's telecom industry.

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