Reliance Retail acquires Kelvinator to boost presence in India’s fast-growing consumer durables segment; deal value undisclosed.

• Acquisition strengthens Reliance’s home appliance portfolio amid rising demand in the Indian consumer durables market.
• Financial terms of the Kelvinator acquisition were not revealed by Reliance Industries.
• The move aligns with Reliance Retail’s strategy to expand into non-food categories for future growth.