7-Eleven Stores To Hit Indian Market, In Partnership With Mukesh Ambani

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7-Eleven Stores To Hit Indian Market, In Partnership With Mukesh Ambani
08 Oct 2021
5 min read

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News Synopsis

On Thursday Forbes magazine published its 100 richest Indians, and the topmost position has been concreted by Mukesh Ambani for the 14th time. Not a complete day has passed since this huge announcement when the company has announced a partnership deal with a multinational chain of convenience stores. Reliance owner Mukesh Ambani has announced that he will be bringing the 7-Eleven chain to India. 7-Eleven Inc. is a multinational chain of convenience stores. Its headquarter is in Dallas, Texas. 7-Eleven operates, franchises, and licenses more than 77,000 stores in 18 countries around the world. The announcement came a day after the Future Group, another retail conglomerate, announced the end of its partnership with 7-Eleven, citing the inability to meet the target of opening stores and payment of franchise fees. The first 7-Eleven in India is to be opened in Mumbai.