With more than 4,000 fashion and apparel stores, including brands such as Trends, Centro, Azorte and Fashion Factory, Reliance is by far the market leader in the segment. The retailer sold 430 mn pieces of garment in 2022, enough to clothe the entire population of the US and Canada. The company said as income grows in India, the likelihood of growth in the premium segment is likely to be slightly faster now.

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