The first 7-Eleven store will open Saturday in the Mumbai suburb of Andheri (East), and will be followed by a further “rapid rollout” starting across India’s financial hub
Irving, Texas-based 7-Eleven Inc operates and franchisesmore than 77,000 storesin 18 countries and is being brought to India by Mukesh Ambani’s Reliance Retail
Reliance is expanding its retail foothold in India at a rapid rate, adding 1,500 new stores last year to a total of nearly 13,000
Mukesh Ambani Topped Forbes India’s Rich List again, a position held since 2008 with a net worth of $92.7 billion.
India is the world’s only billion-people-plus consumer market that is open to FDI
Shares of the flagship Reliance Industries rose as much as 1.6% Thursday.
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