Flipkart’s License Hurdle In Food Retail Upsets Walmart’s India Ambitions
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In late 2019, Flipkart set up FarmerMart, a food retail business which would sell locally-produced food items. But DPIIT rejected Flipkart’s food retail proposal. Flipkart intends to reapply for a food retail license after failing to get DPIIT’s nod. Amazon struggled for almost 18 months to start its food retail ops after approval. Flipkart needs to step up its food and grocery business after struggling to compete during the lockdown