Japan’s Sharp returns to India with Reliance Retail – Feedback

Sharp is re-entering India in an alliance with Reliance Industries, with the Japanese electronic brand’s current owner Foxconn concluding a distribution and product development arrangement with Reliance Retail, the retailing arm of the country’s most valuable company.

Two senior industry executives said Reliance Retail has the rights for the Sharp brand for television and home appliances such as refrigerators, washing machines and air-conditioners for three years, and the arrangement will be extended if the response is robust. Reliance will sell Sharp through its consumer electronics chain of more than 2,000 Reliance Digital stores, and will also distribute them to other retailers through its distribution arm that currently sells only mobile phones.


About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *