However, the exemptions will not be given in hotspots and containment areas
National e-com marketplace to be launched shortly, to be world's largest e-com portal
Code-named 'Local Shops on Amazon', the programme expected to help the ecommerce major take on rival Flipkart and Reliance's JioMart
At Wednesday's price, RIL's market capitalisation stood at Rs 8.64 trillion. This means, the other businesses are being valued by the Street at Rs 4.28 trillion
Now that many areas are out of bounds for big retailers for various reasons, is there an opportunity for local kiranas?
The members of the association sustain their livelihood by selling goods of daily needs like biscuits, soft drinks, mineral water, cigarettes, bidi, pan etc
That's because, according to KSA Technopak, e-commerce firms sell gross merchandise value of only $2.5 billion. That's minuscule in the $550-billion annual sales of food and groceries in 2019-20.
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The traditional trade channel that serves over 1.3 billion people, compared to some 120 million by e-commerce, has fared significantly better when it comes to availability of essential goods
Pharmacies in Mumbai and Delhi are also struggling to replenish stocks of hand wash, hand sanitizers and shampoos.
The concept was to leverage the network presence of kirana stores for RIL's e-commerce initiative. Under this initiative, RIL started JioMart's pre-registration in December last year.
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Fintech companies will need to design solutions with merchants in focus to encourage faster adoption, he says
Metro, which had opened its first store in the country 15 years ago, zoomed past rivals like Walmart and Amazon Wholesale by turning profitable for the first time in 2018-19.
By taking its labels into general trade, the retailer has upended the system it has been a part of, but also plugged into the future of shopping
Experts say the emphasis on eating out at 7-Eleven in India is linked in part to curbs on foreign direct investment in multi-brand retail in the country
Flipkart started with a customised training programme to onboard these kirana partners
Move aimed at nurturing 'kirana' stores as modern retail expands fast
So the question is, how does one get the retailer to stock what his customer wants and buy it in the right quantities?
The retail market in India is estimated to reach $1.1 trillion by 2020