The Battle for Indian Retail- Business News
The Battle for Indian Retail How Mukesh Ambani, Amazon's Jeff Bezos and Walmart's Doug McMillon are fighting to get a bigger slice of India's $850 billion retail market Illustration by Raj Verma Ostensibly, Mukesh Ambani, Chairman, Reliance Industries, and the world's richest man, Jeff Bezos, CEO of Amazon, are engaged in a court battle over ownership of the Rs 26,000 crore debt-laden Future Group. But at the core of the fight is the struggle for supremacy in the $850 billion (Rs 62.8 lakh crore) Indian retail industry. Having been pushed into a corner by Alibaba, not only in China but also i...
Source: businesstoday.in