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Reliance Industries’ arm acquires licence to manufacture, market consumer durable products: Report

27 Aug 2021 Evaluate

Reliance Industries’ retail arm -- Reliance Retail has reportedly acquired the licence to manufacture and market consumer durable products under BPL and Kelvinator brands. The move will also allow Reliance Retail enter the electrical space.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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