Mukesh Ambani makes BIG move, brings back chinese app which made Amazon, Zara and H&M change their…
GH News February 03, 2025 12:06 PM
After nearly five years since its exit during diplomatic tensions in 2020 Chinese fast-fashion giant Shein has re-entered the Indian market through a dedicated mobile app launched by Reliance Retail. The new Shein India Fast Fashion app is available on both Android and iOS platforms and currently caters to major cities like New Delhi Mumbai and Bengaluru with plans for a nationwide rollout.
Affordable Fashion Made in India
With prices starting at just Rs 199 for dresses the products offered on the platform are designed and manufactured entirely within India by local producers. This localization strategy supports Indian manufacturing while offering consumers access to Sheins hallmark fast-fashion trends at competitive prices.
Reliance’s Operational Control
The partnership between Reliance Retail and Shein ensures a structure that aligns with Indian regulations. Reliance retains complete operational control including full sovereignty over customer data which must be stored within India. Shein operates as a technology partner and earns a licensing fee for brand usage without any equity involvement. Importantly Shein does not have access to Indian customer data ensuring compliance with national security requirements.
Commerce Minister Piyush Goyal emphasized that the partnership underwent extensive scrutiny by multiple government bodies including the Ministries of IT and Home Affairs ensuring that it adheres to strict national security guidelines.
Changing Fashion Retail Of Nike Zara and H&M
Sheins return to India comes amid its rising global dominance. In Q3 2024 Shein surpassed established brands like Nike Zara and H&M to become the world’s most visited fashion and apparel website capturing 2.68% of global web traffic. This meteoric rise has forced competitors to rethink their strategies. For instance Amazon recently launched a low-cost fashion storefront targeting budget-conscious consumers a move partially aimed at countering Shein’s influence.
Preparing For Global Listing
Shein’s comeback to India aligns with its broader expansion goals as the company eyes a potential London stock market listing in early 2025 having shifted away from earlier plans to list in the U.S. However this rapid growth has also attracted increased regulatory scrutiny particularly in Europe. Under the EU’s Digital Services Act Shein faces stricter oversight due to its vast user base which includes 108 million monthly active users globally.
By leveraging local manufacturing and adhering to regulatory norms Shein aims to capture the Indian market while contributing to the Make in India initiative. With plans for rapid expansion Shein’s return could reshape the country’s fast-fashion landscape while offering consumers more affordable and trendy choices.