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vishakha Jangir

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Set2Scoreย โ€ขย 4m

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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