Tata vs Reliance: A Two-Front Battle — Renewable Energy And Retail
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Their renewable energy and retail plans offer contrasting strategies; if they pan out, the consumer is the guaranteed winner
With Reliance Industries chairman Mukesh Ambani announcing a $10-billion foray into green energy last month and promising to shake up the market, the after effects were not only felt across other power companies but also at the Tata group, which is aiming to be a significant player in the renewable power business.
The competition from RIL comes at a time when the Tatas are also preparing to launch their super app for online retailing where Reliance Retail is promising to increase its gross market value (GMV) to $15 billion by 2025. The Tatas, the country’s largest …Read More
Source : business-standard
