Reliance Retail to sell Ultra Motor products
Automobiles, Retail Segment September 13th, 2007
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Reliance Retail to sell Ultra Motor products
Reliance Retail has announced that they are collaborating with the UK-based electric vehicle maker Ultra Motor Co.
The retailing giant would now begin selling their two-wheelers through their stores in the Indian market.
Ultra Motor is already selling some of their products through a collaboration with Hero Cycles Ltd.
Their products are currently available in markets including Punjab, Haryana, Rajasthan, Uttar Pradesh and Gujarat.
Ultra Motor’s chief executive Joe Bowman added in a statement on their deal with Reliance Retail: “With this agreement, for the first time in India, electrical vehicles will be made available to the public through organized retail outlets.”
Popularity: 19% [?]
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About
This is vendetta by Amar Singh against Mukesh Ambani of RIL and the scapegoat was Banwari Lal Kunchal. Amar Singh has said in an interview that he distrusts Mukesh Ambani, he hates Mukesh Ambani and he dislikes Mukesh Ambani.
Amar Singh had a grudge and he showed this by trying to close Reliance Fresh Outlet on the 1st day of their opening.
Mayawati has to bow down before SP leader Amar Singh so as to protect her government from falling.
Also, RIL wasn’t giving gas to Anil Ambani, this could also be another reason.