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RI ventured into new lines of business such as consumer products and electrical equipments, in addition to its previous line of business. This strategy was adopted with the belief of forming cohesive units that would bring RI synergies and profits. Most of these products had local brand name.
During 1990s, RI changed its strategy and focused more on three lines of businesses viz. Industrial products, Consumer products, and Electronics. Sean Rhodes led the acquisition of more international business related to these three categories and divested business not related to the above three categories...
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