Business

‘Walmart to add value to kirana stores’

A deal that brings Walmart and Flipkart together would lend value to kirana stores in India, said Sanchit Vir Gogia, Chief Analyst, Founder & CEO, Greyhound Research.

“The key will be to use the existing network and infrastructure of kirana stores to better stock and deliver products, a solid differentiation from others in the game,” he said.

Mr. Gogia said any apprehension of Walmart using the acquisition as a back door to establish a retail presence in India was misplaced as the laws of the land were clear.

“We expect Walmart to be in this journey with Flipkart (if the deal goes through) for the long haul.”

This article is closed for comments.
Please Email the Editor

Printable version | Oct 20, 2020 2:56:58 PM | https://www.thehindu.com/business/walmart-to-add-value-to-kirana-stores/article23776617.ece

Next Story