Flipkart, the Indian E-commerce giant has moved to score the growing sector of grocery, plans to expand its sales and service across 70 cities of Indian subcontinent.
Grocery is one of the leading sector of business these days and amid COVID-19 it has gained its full potential sprawling across the India where many techgiants offered apps of delivery and other firms also played a short inning or still playing the same. The demand for the food and its delivery on time are those stuffs that are added to the comfort of common households. Flipkart extends its full infrastructure to support the system of purchasing, stocking, selling, packaging and delivery to doorsteps of its patrons.
Flipkart is planning to multiply its grocery services to more than 70 cities in the next six months as The walmart-owned company looks to cash in on the growing e-grocery segment in the country. It has already expanded its grocery services to more than 50 cities, including Kolkata, Ahmedabad and Vellore.
Expansion of Flipkart’s grocery service in metro cities such as Kolkata, Pune and Ahmedabad has been a major benefit for its consumer with the help of Flipkart’s dedicated grocery fulfillment centers.
In fact Flipkart Grocery has witnessed 3X growth in the last year and it has gone past the metros such as Mysore, Kanpur, Warangal, Allahabad, Aligarh, Jaipur, Chandigarh, Rajkot, Vadodara, Vellore, Tirupati, and Daman, through a satellite-expansion marketplace model.
E-grocery is projected to grow to touch USD 24 billion GMV (Gross Merchandise Value) by 2025 from about USD 3.3 billion in 2020, as per consulting firm RedSeer. Players like BigBasket, Grofers, and others to compete with giants like Flipkart, Amazon, and Reliance in the e-grocery segment in the country. In its statement, Flipkart said it has invested in the rapid expansion of its grocery services over the years and has managed to scale up “exponentially” in the past year.