Isha Ambani Acquires Biscuit Company: Reliance Retail has ventured into a new business. Isha Ambani, daughter of the country’s biggest businessman Mukesh Ambani, is the executive director of Reliance Retail Ventures Limited. Under the leadership of Isha, Reliance Retail has entered into an agreement with Maliban Biscuit Company of Sri Lanka. After which you will be able to get Maliban Biscuit in Reliance Retail. Know what is the complete information…
MoU with Maliban Biscuit
Reliance Consumer Products Limited, the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Limited, has entered into a partnership with Maliban Biscuit Manufactories Pvt Ltd of Sri Lanka. Compromise has been done. After this deal, Reliance has entered the biscuit sector. After this, Reliance Retail will see direct competition between the products of Britannia and Parle products in the country.
Isha Ambani told her target
Isha Ambani, Executive Director, Reliance Retail Ventures, said that Maliban has built its own reputation with a strong market position. With this partnership between RCPL and Maliban, we are going to strengthen our FMCG portfolio with just one strong brand. Will be able to provide quality products to Indian consumers. In association with many global brands in India, Reliance wants to further increase its reach among the masses.
Know what Maliban Biscuit said
Kumudika Fernando, Group Managing Director, Maliban, says that the combined strength of our two organizations will enable us to offer the Indian consumer the unique taste of Maliban. We will be able to provide world class products to India through our partnership with Reliance Consumer.
Biscuit company with 70 years of experience
The most famous Maliban Biscuit Company in Sri Lanka having a long experience of 70 years. It is a biscuit manufacturing company, which manufactures many products including its biscuits, crackers, cookies and wafers. It is in great demand in the international market. The company currently does its business in 35 countries across 5 continents of the world.
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