Mumbai : Within a few months after signing a memorandum of understanding with the Maharashtra government, Walmart India Friday announced its plans to launch its Cash and Carry business in Mumbai to enable small businesses.
The US-based retail chain giant plans to open a Fulfilment Center (FC) to cater to the business needs of resellers, kirana stores, office and institutions of Mumbai and neighbouring areas. “..this will enable kiranas, resellers and other businesses in Mumbai and neighbouring areas to get access to a wide and exciting assortment of merchandise relevant to them without stepping out of their stores,” Krish Iyer, President and CEO of Walmart India, said.
“Even as we hope to open the services to our members in October first week, our sales teams are already on the ground to enrol members and book orders,” he added. This FC is expected to bring in almost 1,500 direct and indirect jobs to the city,” he said.