Luxury goods: With giant mall, Reliance sets sights on next gold rush - Economic Times


4/26/2022 12:00:00 AM3 yearsago
by Reuters

The hefty investment by Reliance, with a market value of $238 billion, shows the drive of Ambani's family to expand in luxury - especially his 30-year-old daughter Isha, closely involved in directing the push.

Indian tycoon Mukesh Ambani is betting a shopping palace within a $1 billion Mumbai business showcase will tap into surging demand for Western luxury goods, installing his Reliance empire as a portal… [+5163 chars]

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