Mukesh Ambani entering the salon business..!?

Sowmiya Sriram
Mukesh Ambani entering the salon business..!?

It is known that mukesh Ambani, one of India's leading industrialists, is involved in many businesses and every business he starts is running profitably. From groceries to the 5g network, there is no sector that he has not touched. In this situation, mukesh Ambani's reliance industries is said to be entering the salon business.
A leading newspaper in india has reported that reliance is in talks to buy Chennai-based Naturals Salon & Spa and reliance industries has decided to buy 49 percent of Naturals Salon & Spa. However, Naturals Salon & Spa CEO CK Kumaravel When spoken to said that the negotiations in this regard are at an early stage and have not yet been finalized.
Headquartered in Chennai, Naturals Salon & Spa was established in the early 2000s. The company, which operates more than 700 salons across the country, plans to open 3,000 salons across the country by 2025, according to its website. Though Reliance's acquisition of Naturals Salon & Spa is almost certain, the price of the deal is yet to be revealed.
It is worth noting that salons were one of the most affected industries when the lockdown was imposed due to the coronavirus in May 2020 and in the last two years, Naturals Salon & Spa has been hit the hardest. But it is also worth noting that salons are running again with good profits now that the effects of the coronavirus have completely disappeared.
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