Reliance headhunting Maruti employees for Retailing Auto Spare Parts
There’s news that Reliance Retail has already head hunted some employees of Maruti Udyog limited in Gurgaon is really shocking. Reliance Retail, the expected organized retail chain giant is planning to get into the auto spare parts industry, has already employed Arun De who was the Deputy GM at Maruti’s used car business, True Value.
The company (Reliance Retail) may also get into the vehicle sales too. The spares and accessories market in India, worth Rs 7,000 crore, is essentially driven by small roadside stores.
With the proposed retail venture aims to cover 1,500 cities and towns, with 1,500 supermarkets and 1,000 hypermarkets, I personally feel that this is going to make a sharp turn in the accessories market as well and a bad time for the auto part retailers. Well, nothing’s gonna happen to the authorized showrooms. What can be the reliance’s next step in retail??? Would it be selling bricks, cement, steel for construction and selling chaat pakora or ice creams at every corner of the city??? Who knows ??? :p