Flipkart to Re-Apply for Food Retail License

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Walmart’s Indian e-commerce unit Flipkart stated on Monday it could re-apply for a meals retail license in India after experiences stated its earlier proposal was rejected by the federal government final week. Department for Promotion of Industry and Internal Trade (DPIIT) final week rejected the e-retailer’s proposal to promote meals merchandise via on-line and cellular platforms, the Times of India newspaper reported on Monday.

“We are evaluating the department’s response and intend to re-apply as we look to continue making a significant impact on small businesses and communities in India,” the corporate stated in a press release.

If profitable, Flipkart would compete with Amazon’s India unit, Alibaba-backed BigBasket, SoftBank-backed Grofers, and Reliance Industries’s just lately launched JioMart.

© Thomson Reuters 2020

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