Reliance Industries Limited is now going to start business in FMCG business very soon. In the recent AGM, Reliance Retail Director Isha Ambani has given information about this new move of Reliance. Reliance has bought Delhi-based Pyare Drinks Group in a deal worth around Rs 22 crore, and the group will soon enter the soft drink market.
Campa Cola will be seen again in the market In 1977, when Coca Cola had to go out of India, then the beloved drink group's Campa Cola filled the shortage of Coca Cola in the country. After the acquisition of Reliance, now this soft drink is ready to dominate the market again. Reliance is all set to launch Capa Cola soft drink on the occasion of Diwali.
Reliance Industries is now all set to enter the soft drink market with this deal, preparing to compete with PepsiCo and Coca-Cola. Reliance will compete directly with market leaders Coca-Cola and PepsiCo. Indian customers will benefit from Reliance's foray into the soft drink market. Reliance is preparing to launch Campa Cola in the market with Lemon, Orange and Cola variants.
Jio Mart will start after the launch of campa Cola
Int the market, the price war may start, this will benefit the customers. As per the plan, Reliance will first sell Campa Cola through its retail stores, Jiomart and kirana stores. Buying CAMPA and launching it by Diwali is part of Reliance's strategy to enter the FMCG market. Reliance will expand network across the country Reliance is now in full preparation to expand its network across the country. According to media reports, more than 1.5 million kirana stores across the country shop for products from Reliance's B2B network. Acquisition of Campa brand is part of Reliance's plan to strengthen FMCG business
Comments
Post a Comment