Rural Development Ministry signs MoU with JioMart to onboard rural SHG artisans
The MoU aims towards its efforts to help enhance the outreach of the products of SHGs of Deendayal Antyodaya Yojana-National Rural Livelihoods Mission.
The MoU aims towards its efforts to help enhance the outreach of the products of SHGs of Deendayal Antyodaya Yojana-National Rural Livelihoods Mission.
As Meta doubles down on its monetisation drive across its family of apps, its Founder and CEO Mark Zuckerberg has said that JioMart on WhatsApp in India is going to be a big opportunity for the paid messaging market.
Reliance Retail (RR) has begun appointing super-stockists to distribute its private label products in multiple FMCG categories, Kotak Securities said in a report.
The report notes that the current infrastructure can support $8-11 billion in annual gross merchandise value (GMV).
Under this ‘Flipkart Quick’, when a customer places an order the items are sourced from local stores, warehouses and retail chains.
Grocery in India is a USD 380 billion category as of 2019, making up for 60 per cent of the total retail market.
JioMart service is available for major metropolitan cities including Delhi, Kolkata, Bengaluru, Chennai and Mumbai.
It is expected to be rolled out in the rest of the country soon.
