Home / Knowledge / News / Textiles / Reliance may tie up with global partners
Reliance may tie up with global partners
04
Jan '08
Carrefour, a French retail giant has for a long time eyed Indian markets but in vain. However, recently, industrial sources believe that there is a possibility of merger between this French retail company and the giant Mukesh Ambani's Reliance.

Information on this issue sparked off because of a recently held meeting between the two concerned companies. Moreover, there are talks that Mr Ambani's very close associate, Manoj Modi, may visit France for further discussions.

Nonetheless, the news about a possible tie-up between Carrefour and Reliance is still not verified but the chances remain for it to emerge as a potential partner for Carrefour's cash-and-carry business in India.

What is surprising is the fact that so far, Reliance does not have history of partnership with any company and has very little experience in managing complex joint ventures. However, the merger may help Reliance to overcome its present supply-chain problems.

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Courtesy: Teijin

Textiles | On 5th Dec 2016

Teijin merges two businesses into one division

Japanese manufacturer of speciality fibres Teijin Limited is merging...

Courtesy: ISEA

Textiles | On 5th Dec 2016

Participation up 25% at International Sourcing Expo

In comparison to last year, there was 25 per cent rise in the overall ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search