Mukesh Ambani: Ambani did not just shake hands with China’s Shein company, because of this the company is famous, this is the preparation – mukesh ambani what is shein company
This way sheen will help
Mukesh Ambani’s Reliance Retail Ventures Limited (Reliance Retail) has entered into an agreement with Sheen. Under this, China’s online fast retailer company Sheen will share its strategy. Reliance Retail Ventures Limited (Reliance Retail) will launch a separate app for customers in India. It will be in the name of sheinindia.in. In the country too, people can get a chance to buy stylish and fashionable clothes at affordable prices.
Sheen was banned for this reason
China’s Sheen company was banned in India. In the year 2020, when there was tension on the border with China. The Government of India had banned the Sheen Company. Since then this company is banned. Now again after the agreement with Mukesh Ambani’s company, Sheen Company is going to start its business in India. However, Sheen Company will also get the benefit of this agreement. Sheen Company will be able to use Reliance Retail’s sourcing capacity, warehousing and logistics infrastructure. Due to this, Sheen will also be helped to increase his business in India again.