With the introduction of its JioMart, Reliance Industries will take on Blinkit, BigBasket, Instamart, and Zepto in the fast commerce space. According to the report, JioMart plans to deliver goods in 1,000 locations in 30 minutes.

According to the article, JioMart would begin delivering goods in at least seven or eight locations before expanding the service to over a thousand places.

Adani Will Enter The UPI And E-Commerce Space

The Adani group intends to join the digital market to take on Google and Reliance Industries, which is run by Mukesh Ambani, according to a Financial Times story. The firm is already well-suited to the ports, airports, and electricity infrastructure and logistics network.

The Gautam Adani-led Adani Group is apparently trying to get into the e-commerce and digital payments industries with the aid of its other commercial significance in the nation.

The story claims that Adani Group will finalize a previously announced co-branded credit card in addition to applying for a license to operate on India's Unified Payments Interface (UPI), a public digital payments network.

Adani In E-Commerce Business

Adani The Gautam Adani-led company intends to use the government-backed Open Network for Digital Commerce (ONDC) to conduct business in the online commerce space. In 2022, the business released the Adani One consumer app. The services would be accessible on the app after these developments are completed.

The report states that the corporation intends to focus on its current clientele, which includes travelers at its airports and customers who utilize its gas and electricity services. Additionally, when customers pay their bills online or make duty-free purchases, they will earn loyalty points that they may use to spend online.