Reliance Infocomm news
Posted on | January 29, 2006 |
ET has a speculative story on Reliance Infocomm’s plans to foray into retailing of consumer electronic products under its own brand name.
I can understand Reliance Infocomm vertically integrating and launching mobile phones under their own brand; but consumer electronics sounds incredible! But then, nobody could have foreseen Reliance Petrochemicals when Reliance was a textile company.
“We have around 250 specialised Reliance webworlds and more than 1,000 Reliance exclusive webworlds that sell and service RIM (Reliance India Mobile).
We are already getting into areas such as DTH and video-on-demand products, essentially a convergence of IT and consumer electronics. By merely scaling up our business in the sector, the business possibility would be immense,
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