India’s richest man Mukesh Ambani has challenged the world’s richest man Jeff Bezos in the competition to enter the Kirana Stores business chain. The technology getting change quickly due to the innovative ideas and needs of consumers. The Upcoming transformation of Indian Kirana stores on its way to put your kitchen shopping to the next level. As per the records, there are millions of Kirana shops that catering 1.3 billion consumers. Let check further detail about this business war.
Recently, RIL has tried to deal with future groups for the acquisition of Big Bazaar. But due to the petition by Amazon.com, the deal was cancelled because of the SC notice. On the other side, Reaching small stores in a country of more than 660,000 villages and 8,000 cities and towns has traditionally been an uphill struggle for brands.
Now it becomes interesting to watch the business war between Reliance industries and World’s biggest online shopping platform Amazon.com. As we all know, RIL continuously trying to start a retail chain of Kirana stores which will change the existing shopping experience of consumers. Although there are many online grocery platforms like Udaan, Big Basket and many more. But the need for a huge retail chain is still missing. As per the expectations, it going to own a huge market share. The upcoming retail chain also benefits small shops to increase sales and revenue.