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Walmart's Flipkart to re-apply for food retail license in India

By
Reuters
Published
Jun 1, 2020
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Walmart Inc’s Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after reports said its earlier proposal was rejected by the government last week.


Walmart's Flipkart to re-apply for food retail license in India


India's Department for Promotion of Industry and Internal Trade (DPIIT) last week rejected the e-tailer's proposal to sell food products through online and mobile 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 company said in a statement.

If successful, Flipkart would compete with Amazon.com Inc’s India unit, Alibaba-backed BigBasket, SoftBank-backed Grofers, and Reliance Industries Ltd’s recently launched JioMart.

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