Ruias enter the great Indian retail market

With Ambani owned Indian Telecom major Reliance jostling for a controlling stake in another big mobile telecom carrier Hutch-Essar along with UK based telecom group Vodafone, Ruias who own the stake in Hutch-Essar are foreseeing cash investment opportunities. They entered the retail space by launching their first retail store in a neighbouring town of Delhi, Ghaziabad.


News source