Reliance to hawk automobiles in retail outlets
Aug 10, 2007
Reliance Industries Ltd is in talk with major automakers to sell automobiles through its retail outlets, reported Economic Times newspaper on July 11, 2007. According to the report, quoting Bajaj Officials, Reliance recently sent a proposal to Bajaj Auto and Hero Honda to sell their range of motorcycles. The retailing plan is most likely to execute in the large format hypermarkets that Reliance is planning to open on highways.