Shein Deal to Re-Enter India Comes With Strict Licensing Rules

Shein Deal to Re-Enter India Comes With Strict Licensing Rules

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Business

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Shein is re-entering the Indian market through a licensing deal with stringent government regulations, including data storage in India. This partnership is significant for Reliance, aiming to expand its retail portfolio, and is expected to generate substantial exports. The collaboration is seen as mutually beneficial, with Shein training local MSMEs and boosting India's economy. Despite past challenges, Shein is optimistic about its prospects in India, aligning with government requirements to secure a foothold in the market.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of deal is Shein entering into with the Indian market?

Equity deal

Licensing deal

Franchise agreement

Joint venture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the conditions imposed by the Indian government on Shein?

Equity sharing

Data storage outside India

Data storage within India

No export from India

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is Shein planning to export from India?

$6 billion

$10 billion

$3 billion

$1 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected benefit for Reliance from the partnership with Shein?

Dominance in the Indian retail sector

Access to Shein's technology

Reduction in operational costs

Increased market share in China

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus for Shein in its re-entry into India?

Reducing product prices

Opening new stores

Increasing online advertisements

Training Indian MSMEs