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Reliance s Mukesh Ambani- Amazon s Jeff Bezos Fight Threatens The Backbone Of India s Retail Trade

Apr 15 2021, 12:37 PM April 15 2021, 7:51 AM April 15 2021, 12:37 PM A battle of billionaires and digitisation threaten the backbone of India’s $854-billion household retail sector—distributors of soaps to staples.Mukesh Ambani’s Reliance Retail Ltd. is co-opting neighbourhood stores into his vision of creating a network for JioMart—a marriage of brick-and-mortar and online retail. These kirana outlets serve the last mile, supplying grocery and other products ordered on JioMart, taking on Jeff Bezos’ . A battle of billionaires and digitisation threaten the backbone of India’s $854-billion household retail sector—distributors of soaps to staples. Mukesh Ambani’s Reliance Retail Ltd. is co-opting neighbourhood stores into his vision of creating a network for JioMart—a marriage of brick-and-mortar and online retail. These

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