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Reliance Retail to enter luxury jewelry market, reveals Isha Ambani

Shortpedia

Content Team
Image Credit: newsbytes

Reliance Retail, a subsidiary of Reliance Industries Limited (RIL), has announced its foray into the luxury jewelry sector. The announcement was made by Isha Ambani, Non-Executive Director and head of Reliance Retail, during RIL's 47th annual general meeting (AGM). This strategic move is aimed at expanding the company's market reach and positioning it as a competitor against Tata's CaratLane and other legacy brands.