Going physical: Flipkart plans grocery stores - Times of India
Walmart-controlled online retailer Flipkart is planning to open brick-and-mortar stores in India to sell food items.
While foreign investors are not allowed into the retail space, Flipkart is looking to tap the “food retail” business where 100% FDI is allowed and lets the investor open physical stores. The move comes after the company opened its fifth online grocery store, Supermart in Mumbai.