JioMart aims to bring in electronics, clothing, and footwear in the near future
Reliance Industries Limited (RIL) has entered India’s online grocery retailing via JioMart e-commerce platform, GlobalData reveals. India’s online food and grocery grew at a compound annual growth rate (CAGR) of 71.2% between 2013-2018.
The company intends to offer more than 50,000 products via the JioMart platform. Their integration will enable the connection of 30 million offline retailers with more than 200 million households across India.
The value chain created by JioMart connects local offline retailers on a large scale with its merchant POS solution. It provides user-friendly digital platforms for inventory management, customer care services, etc required by the retailers.
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