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 franchises more than 77,000 stores in 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.