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Flipkart plans to open grocery stores across India

Wednesday, 22 May 2019
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Flipkart is planning to open brick-and-mortar stores in India to sell food items. Flipkart is looking to tap the ‘food retail’ business where 100 percent FDI is allowed and lets the investor open physical stores.

The move comes after the company opened its fifth online grocery store, Supermart in Mumbai, Maharashtra. Apart from building separate supply chains for grocery, including fulfilment centres and lastmile delivery networks. Flipkart is also in talks to acquire Bengaluru-based grocery chain Namdhari Fresh, which will help it leapfrog into the food retail business.

Namdhari Fresh operates around 10,500 offline stores in India spanning, wholesale, hypermarkets, supermarkets and speciality outlets.

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