Walmart owned Flipkart plans to collaborate with MSMEs in UP

August 16, 2019 written by

Flipkart, which is now owned by US major retailer Walmart is looking forward to joining hands with micro, small and medium enterprise (MSMEs) in Uttar Pradesh.

Uttar Pradesh is home to various unique products that cannot be found anywhere else such as the ancient nutritious ‘Kala Namakh’ rice, the rare and precious wheat stalk craft, famous chikankari, zari-zardosi and the exquisite banarasi silk work.

According to Flipkart’s Chief Corporate Affairs Officer, Rajneesh Kumar, the company is all set to take part in one district one product (ODOP) project, which was awarded last year in UP’s Investors’ Summit. The project seeks to promote traditional industries to increase local economy by creating more jobs.

Walmart International CEO, Judith McKenna met the UP’s Chief Minister Yogi Adityanath last year to discuss about the company’s plan to support MSMEs, local farmers and artisans in the state. She also met Union Commerce and Industry Minister, Piyush Goyal on her visit to India this month to discuss local sourcing norms for the domestic market.

Walmart India plans to source directly from farmers and Farmer Producer organisation (FPOs) and other local suppliers to help all the small businesses flourish through its cash and carry business and create more jobs, thereby improving the economy.

Both the CEOs of Flipkart Group and Walmart India are likely to attend the event in UP on July 28 that will kick-start the second phase of these and many other projects for which MOUs were signed in UP’s Investors’ Summit.

Share on FacebookShare on Google+Pin on PinterestTweet about this on TwitterShare on LinkedIn
Article Categories:
News
banner
Lace-n-Lingerie