According to reports from The Economic Times, Flipkart, based in Bengaluru, has released a pilot project that involves delivering fresh agricultural produce to Hyderabad.
It is reported that the company is in the process of obtaining permits for the retail sale of vegetables, fruit preserves and other food products for the created Flipkart FarmerMart trademark.
This step will help food stocks in the country, as indicated in the rules of foreign direct investment.
Every morning, food carriers take containers from housewives and deliver them to dinner to hungry husbands who work in the office. They move on foot, by bicycle or by public transport. More than 200,000 dinners are served daily
In addition, Flipkart opens 6 food stores after obtaining a license. This may take a period of six months. Up to this point, Flipkart has worked with Waycool Foods and Products, as well as other vendors on the platform.
The source also claims that Ninjacart, which recently received a joint investment by Flipkart & Walmart, is likely to make deliveries in the future.
The registered capital of Flipkart FarmerMart is currently 1845 crore rupees. Currently, in India there is fierce competition in the segment of food products and their delivery.
A retail product license is issued by the Department for the Promotion of Industry and Domestic Trade.
- Earlier we reported that Indian farmers will be taught to recycle plastic containers from fertilizers.
- In India, Metals & Minerals Trading Corporation is postponing a tender for corn for the seventh time.
- It was also noted that in Bengal, a long rain destroyed almost the entire potato crop.