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vishakha Jangir

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๐—›๐—ผ๐˜„ ๐—ฑ๐—ถ๐—ฑ ๐—œ๐˜€๐—ต๐—ฎ ๐—”๐—บ๐—ฏ๐—ฎ๐—ป๐—ถ'๐˜€ ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ฒ๐—ด๐˜† ๐—ต๐—ฒ๐—น๐—ฝ ๐—ฆ๐—›๐—˜๐—œ๐—ก ๐—บ๐—ฎ๐—ธ๐—ฒ ๐—ฎ ๐—ฐ๐—ผ๐—บ๐—ฒ๐—ฏ๐—ฎ๐—ฐ๐—ธ ๐—ถ๐—ป ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ? In 2023, Reliance Retail (a subsidiary of Reliance Industries, led by Isha Ambani) entered into a partnership with SHEIN, a Chinese fast-fashion brand. This deal allowed SHEIN to re-enter the Indian market after it was banned in 2020 due to security concerns. The Indian online fashion market is expected to reach $24 billion by 2025, making it a lucrative opportunity for SHEINโ€™s re-entry through Reliance. Instead of operating independently, SHEIN now works under Relianceโ€™s ownership and control in India. This ensures that the business follows Indiaโ€™s foreign direct investment (FDI) rules and data security policies. SHEIN and Reliance have worked to establish local sourcing and manufacturing in India, creating a new supply chain ecosystem. This reduces dependence on imports and boosts Indian textile and apparel manufacturers. Reliance Retail, valued at over $100 billion, gains exclusive rights to distribute SHEIN products in India, strengthening its dominance in the fashion segment. SHEIN benefits from Relianceโ€™s vast retail network, warehouses, and e-commerce expertise. Relianceโ€™s platforms, like AJIO and JioMart, can support SHEINโ€™s online presence. By bringing SHEIN back, Reliance expands its fashion and e-commerce business. It also increases customer engagement among young shoppers who prefer trendy, affordable fashion. Isha Ambaniโ€™s strategic move allowed Reliance to leverage SHEINโ€™s brand popularity while ensuring compliance with Indian regulations. This partnership is a win-win: SHEIN gets access to Indiaโ€™s massive market, and Reliance strengthens its retail dominance. Follow vishakha Jangir for more such business insights.

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Will Reliance Industries be able to thrive in the competitive market, given that their products are often perceived as average to below average and heavily resemble those of other brands across retail, fashion, and FMCG sectors?

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what your view on clothing industry two big players one from China shein and second every indian first list zudio

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Looks great for Indian shops as a shopkeeper for malls and retail shops ?

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