Mumbai, July 18 -- Reliance Retail today announced a landmark acquisition of Kelvinator, a strategic move poised to significantly amplify its leadership in India's fast-growing consumer durables sector.

This acquisition is a testament to Reliance Retail's unwavering commitment to shaping the future of the consumer durable sector in India by delivering unparalleled value and choice to consumers nationwide, the company said in a statement.

Kelvinator, a brand synonymous with innovation for over a century, pioneered electric refrigeration for home use globally. In India, it achieved iconic status in the 1970s and 80s with its memorable tagline, "The Coolest One," and continues to be revered for its cutting-edge technology, superior perform...