Chennai: Reliance Digital, the consumer durables arm of Reliance Retail, has announced its ‘Digital India Sale’ on account of country’s 70th Republic Day celebrations.
The brand has stated that the sale comes with an offer of 26 per cent cashback on widest range of latest technology. The cashback offer includes 16 per cent unlimited cashback plus an additional 10 per cent cashback from leading banks. This offer will run through the Republic Day weekend, till 27 January.
Over and above the mega cashback, Reliance Digital offers deals such as a 32 inch LED TV at Rs 8,990, new Oppo A7 at Rs 14,990. Apple iPad from Rs 32,000, apart from a 15 per cent discount on Fitbit Versa and Iconic.
Besides deals and discounts, Reliance Digital also has finance options that customers can choose with zero down payment and at affordable EMIs, a release from the firm stated.
It was only recently that the brand jumped 95 places on Deloitte’s Global Powers of Retailing 2019 index, to reach the 94th spot as revenues soared on the back of growth in grocery, consumer electronics, and fashion and lifestyle businesses.
Reliance Retail ‘was a new entrant in the Fastest 50 list FY2016 (released last year) and continued its rapid growth by nearly doubling its retail revenue (in local currency) in FY 2017. This was also reflected in its climb of 95 places to number 94 in the top 250,’ Deloitte said.
The company’s “retail segment witnessed robust operating performance, driven by major growth across its grocery, consumer electronics, and fashion and lifestyle businesses,” it said.
Reliance Retail, operates 9,907 stores in over 6,400 towns and cities, is India’s largest retail chain, both by revenue and the total number of stores.