Walmart Flipkart to tap MSMEs to expand in small Indian towns
Walmart Flipkart plans a major drive to bring 50,000 medium and micro, small and medium enterprises (MSMEs) in India under their fold by the end of this year. The retailer claims to have almost 100,000 MSMEs on the platform.
For Flipkart, onboarding MSMEs as sellers on the platform is crucial as it will help the firm in sourcing maximum number of categories locally as well as help in faster deliveries and cut logistics costs. In the next phase of growth, which heavily hinges on expansion in tier-III cities and small towns, the MSMEs connect would help it cover maximum ground.