Mukesh Ambani’s Reliance Industries is reportedly planning to challenge Decathlon in its own backyard by launching a new line of sports and fitness products. This move aims to capitalize on the growing demand for sportswear and equipment in India, leveraging Reliance’s extensive retail network and brand strength.
Decathlon, which entered the Indian market in 2009, has seen significant revenue growth in recent years. However, Reliance’s entry into this segment is expected to intensify competition, offering consumers a wider range of high-quality and affordable products.
Reliance’s strategy includes leveraging its technology platforms and retail footprint to provide a seamless shopping experience for customers. This initiative is part of the company’s broader efforts to diversify its business portfolio and tap into new growth opportunities in the rapidly evolving Indian market.