From production to distribution to trade… This new subsidiary of Reliance Group, founded by Anil Ambani, is born – What’s its purpose?

Reliance Group’s Anil Ambani-owned firm,TextView, has formed a new subsidiary, “Manufacture, Buy, Sell”. The purpose of this subsidiary is not explicitly stated, but it is speculated to be a digital services company that will focus on providing B2B and B2C solutions for the manufacturing, procurement, and sales of goods and services. The new subsidiary will leverage Reliance’s existing strengths in the IT sector to develop innovative digital solutions for the industry, including supply chain management, logistics, and e-commerce. The move is seen as a strategic expansion of Reliance’s presence in the digital space and a step towards making the company a major player in the digital services sector. The new subsidiary is expected to create new job opportunities and boost the company’s revenue. With this new move, Reliance is diversifying its offerings and increasing its reach in the digital economy.