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

New Delhi: Veteran businessman Mukesh Ambani has signed an agreement with China’s Shein company. Ambani wants to grow the retail business faster. Ambani has not joined hands with Shein company just like that. This Chinese company is quite famous. Women buy the products of Sheen company fiercely. Actually Sheen Company is very famous among Millennials for Women Garment and other dresses. This company provides trending and stylish clothes at affordable prices. This is the most special thing about this company. Ambani also wants to get hold of the retail market fast. In such a situation, Shein’s company has entered into an agreement with his Reliance Retail Ventures Limited.

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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.

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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.

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