Tata’s tension will mount due to the master plan of Mukesh Ambani’s darling Isha. Yes, the business of Reliance Industries, the country’s 10-trillion-rupee market capitalisation and most valuable company, is not limited to just petrochemical, telecom or retail businesses. Rather, its business is spread across many sectors. At the same time, Mukesh Ambani is taking Reliance to the global level with the vision of his father Dhirubhai Ambani. The company’s expansion is going on at a rapid pace.
Mukesh Ambani’s three sons have taken charge of different sectors and are expanding them rapidly. While Akash and Anant are taking Reliance Jio and Reliance New Energies to new heights, Isha Ambani is taking Reliance Retail to new heights. Isha is working hard day and night to make Reliance Retail the number one in the world. Recently Isha spoke about the expansion plan of her business. The segment where Isha has talked about doing her best has raised the tension of many rival companies including Tata. Let us know what is Isha’s plan…
What is Isha’s plan?
Mukesh Ambani’s daughter Isha Ambani made a big announcement about Reliance Retail. Isha Ambani, Non-Executive Director of Reliance Retail, explained in detail her plans for the retail business. Isha said that Reliance Retail will soon enter the luxury jewellery segment with a curated design-based format. She said that the company will soon launch the luxury jewellery segment along with the best curated design format in jewellery.
Tata will have competition
With this, Isha Ambani has challenged Tata’s Caratlane and other jewellery brands with this step. This step by Reliance is sure to increase the tension of Tata and other companies. Let us tell you that Tata’s CaratLane brand is already in this segment. Founded in the year 2008, the parent company of Caratlane is Titan. This company has a strong presence in more than 100 cities and has more than 270 retail stores. Now, with Reliance’s entry in this segment, it will have a tough competition.
