Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
4 years, 7 months ago

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

Firstpost  

The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday New Delhi: The Department for Promotion of Industry and Internal Trade has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday. Last year, the company had set up a new local entity - Flipkart Farmermart - to focus on food retail in India, and had applied for requisite licences from the government. DPIIT rejects @Flipkart's application for food retail licence; co says it intends to re-apply pic.twitter.com/SbeMWAQ7X9 — CNBC-TV18 June 1, 2020 Flipkart Group CEO Kalyan Krishnamurthy, at that time had said that the move an important part of the company’s efforts to boost Indian agriculture as well as food processing industry in the country. “At Flipkart, we believe that technology and innovation driven marketplace can add significant value to our country’s farmers and food processing sector by bringing value chain efficiency and transparency.

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History of this topic

Flipkart opens grocery warehouse
8 months, 4 weeks ago

Flipkart opens grocery warehouse

The Hindu  

Flipkart, an e-commerce marketplace, has launched its new grocery fulfillment center in Hubli, Karnataka, furthering its commitment to offering next-day grocery deliveries to consumers. Based on local consumer insights, the new fulfillment center in Hubballi will offer a curated selection of over 6,000 products, including the State’s popular favourites such as Nandini, Naga, and Vijay, to name a few alongside …

How e-com giant Flipkart is powering India’s retail growth story
2 years, 1 month ago

How e-com giant Flipkart is powering India’s retail growth story

Hindustan Times  

India is amongst the fastest-growing economies in the world today and e-commerce has acted as one of the major pillars of this growth, especially in the aftermath of the pandemic when customers across the country transitioned to online retail as the preferred platform for all kinds of purchases. As retail moved online and powered the growth of the economy, major …

Flipkart grocery business expands presence from 9 to 1,800+ towns in 1.5 years
2 years, 1 month ago

Flipkart grocery business expands presence from 9 to 1,800+ towns in 1.5 years

Hindustan Times  

One of the most important businesses for e-commerce giant Flipkart is its grocery business, which has grown from being a nine-city business to one with a presence across 1,800 towns over the past one and a half years. Over the last year and a half, the grocery wing of Flipkart has ramped up its facilities to about 23 fulfillment centers, …

COVID-19 reshaped the way we buy, prepare and consume food
2 years, 2 months ago

COVID-19 reshaped the way we buy, prepare and consume food

The Hindu  

In early 2020, as province after province in Canada declared public health emergencies, and pandemic restrictions came into force, routine grocery runs changed dramatically. As shown in our upcoming research, more than three-quarters of our survey respondents expressed an increased desire to support local food retailers compared to 2019. Major societal changes like restaurant closures, home schooling and teleworking came …

Flipkart expands its grocery services to Tamil Nadu and Kerala
3 years, 4 months ago

Flipkart expands its grocery services to Tamil Nadu and Kerala

Live Mint  

BENGALURU: Walmart-owned Flipkart is now expanding its grocery services in Tamil Nadu and Kerala, the company said on Friday. Grocery is a regionally indexed category, and our focus has been to build local sourcing capabilities to better serve local consumer needs with the finest regional selection in addition to bringing the best quality national brands to the consumer’s doorstep,” said …

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs
3 years, 4 months ago

Flipkart adds grocery shops in Tamil Nadu, Kerala; creates over 1,000 jobs

Live Mint  

E-commerce marketplace Flipkart on Friday announced that it would be expanding it grocery services to Tamil Nadu and Kerala. Through a regional expansion-focused marketplace model, the new centre would serve more than 150 pincodes in the region, the company said As per a statement, customers in Coimbatore, Madurai, Tiruchirappalli, and Erode in Tamil Nadu and Ernakulam in Kerala would get …

India gears up for the new normal as consumer behaviour shifts
4 years, 7 months ago

India gears up for the new normal as consumer behaviour shifts

Live Mint  

On 24 March, the government effectuated one of the world’s strictest lockdowns to combat the spread of covid-19, which changed consumer behaviour and purchasing patterns. According to a World Economic Forum and Bain & Co. report, titled Future of Consumption in Fast-Growth Consumer Markets – India, released in January 2019, about 66% of India’s overall consumption is accounted for by …

Flipkart & Modi Govt’s Agriculture Reforms: Is It All Lip Service?
4 years, 7 months ago

Flipkart & Modi Govt’s Agriculture Reforms: Is It All Lip Service?

The Quint  

The government has turned down Flipkart Farmer-Mart’s application to trade in agricultural produce. But Walmart-owned Flipkart took recourse to a clause in the policy which allows 100 percent FDI with government approval in retail trading, “including through e-commerce” in respect of food products “manufactured or produced” in India. “We are evaluating the department’s response and intend to re-apply as we …

JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart
4 years, 7 months ago

JioMart expands to 200 cities in India as it seeks to compete with Amazon and FlipKart

CNN  

Hong Kong CNN Business — An online grocery business backed by Asia’s richest man is expanding to hundreds of cities across India — a move widely seen as a challenge to Amazon and Flipkart. But JioMart’s launch “is a reason for worry for Amazon and Flipkart, are not very strong in grocery,” said Satish Meena, analyst with research firm Forrester. …

Coronavirus: Flipkart to resume grocery delivery, BigBasket too coming online, 10 key updates about food and online delivery
4 years, 9 months ago

Coronavirus: Flipkart to resume grocery delivery, BigBasket too coming online, 10 key updates about food and online delivery

India Today  

E-commerce giants Flipkart, BigBasket and Grofers have resumed their services in some parts of India a day after their services were interrupted due to the nationwide lockdown announced by the Prime Minister Narendra Modi on March 25. Several delivery executives from various online delivery apps had alleged that they were beaten up and harassed by the police and local goons …

Flipkart suspends all its services as the nationwide 21-days lockdown comes into effect
4 years, 9 months ago

Flipkart suspends all its services as the nationwide 21-days lockdown comes into effect

Firstpost  

Flipkart, whose services include grocery deliveries, did not say how long the suspension would last. Walmart Inc’s Flipkart has suspended services, a notice on the Indian e-commerce firm’s website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic. Prime Minister Narendra Modi ordered the lockdown from Tuesday midnight, but a federal government …

Flipkart suspends services as India lockdown impedes online grocery deliveries
4 years, 9 months ago

Flipkart suspends services as India lockdown impedes online grocery deliveries

Firstpost  

Amazon India’s pantry service that delivers groceries was also not available in several cities. New Delhi: Walmart Inc’s Flipkart has suspended services, a notice on the Indian e-commerce firm’s website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic. Prime Minister Narendra Modi ordered the lockdown from Tuesday midnight, but a federal …

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs
5 years ago

Walmart to improve Flipkart's supply chain to build grocery and daily essentials space; to focus on training MSME entrepreneurs

Firstpost  

The American retailer will invest in areas that will help Flipkart, Walmart and its global supply chain, in India Walmart, which owns 77 percent of e-commerce firm Flipkart, will strengthen its investment in the supply chains of both the companies to build up the grocery and daily essentials space, which will help broaden consumer and merchant base, two officials with …

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India
5 years, 2 months ago

Flipkart ups ante against Amazon; to set up Rs 2,000-cr unit for food retail in India

Firstpost  

E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus on food retail in India, as it looks to take on arch-rival Amazon in the segment New Delhi: E-commerce giant Flipkart on Tuesday said it is setting up a new local entity - Flipkart Farmermart - that will focus …

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