Share on

RIL expands its retail footprint in the country

Metro Cash and Carry wholesale operations in India are acquired by RIL.

RIL expands its retail footprint in the country - Supply Chain Tribe by Celerity

Reliance Retail tightened its hold on the food and grocery sector in India with the acquisition, and the Metro wholesale stores in strategic locations gave the country's largest offline retailer access to a sizable base of registered kirana stores, institutional customers, and a strong supplier network.

Reliance Retail would have access to more than 3 million corporate clients as a result of the acquisition, according to Abneesh Roy, executive director of institutional equities at Nuvama. It may gain from its recent entry into the fast-moving consumer products market under the Independence brand.