Reliance brings Kelvinator back, eyes growth in competitive appliance market

by admin

Reliance Retail announced the acquisition of Kelvinator on Friday, a brand that was once a regular feature in Indian homes.

The deal was made public on Friday without revealing the financial specifics, but the move clearly fits with Reliance’s ongoing push into the consumer durables space.

Kelvinator isn’t a big name in the market anymore, but it used to be. In the 1970s and 1980s, it was one of the go-to brands for refrigerators.

The products were known to last, and the tagline, “The Coolest One,” stuck with people.

Over time, competition increased, the brand changed hands, and it slowly disappeared from the spotlight.

Still, it never fully vanished from memory. A lot of people who grew up in that era still remember the name, and for some, it carries a certain reliability, the kind that doesn’t fade easily.

How Kelvinator acquisition a calculated move?

This isn’t just about bringing back a brand from the past. For Reliance, acquiring Kelvinator opens a door, one that leads straight into the homes of Indian consumers.

It’s a name that once stood for reliability, and even if it faded over time, it never fully disappeared from people’s minds. Now, Reliance doesn’t have to build trust from the ground up.

With Kelvinator, it already has a head start as it moves deeper into appliances like washing machines, air conditioners, and kitchen gear, all the essentials that define the modern Indian household.

It’s also about familiarity. Kelvinator still means something to a lot of people, and Reliance is hoping to combine that recognition with newer, more competitive products.

The move fits into a broader strategy: build trust, grow faster, and strengthen its position in a retail space that’s changing quickly across the country.

Speaking about the acquisition, Isha M. Ambani, Executive Director of Reliance Retail Ventures, called it a “pivotal moment” for the company, one that strengthens its ability to meet the changing needs of Indian consumers with technology that’s both meaningful and future-ready.

Analysts prefer a long-term view

Most analysts see this move as a long-term bet rather than a quick win.

For Reliance Retail, acquiring Kelvinator adds another layer to its growing presence in the consumer durables space, one that could strengthen its edge in what’s becoming an increasingly competitive market.

The immediate financial boost might not be dramatic, but that’s not really the point.

The value, according to those tracking the deal, will likely show up over time, as the brand finds its footing again and starts contributing through better product integration and backend efficiencies.

With Reliance’s retail and telecom arms already delivering solid numbers, this acquisition fits into a broader strategy of building durable, long-term growth.

The post Reliance brings Kelvinator back, eyes growth in competitive appliance market appeared first on Invezz

Related Posts