New Delhi: Walmart India, the wholly owned subsidiary of Walmart Inc., today has announced the opening of its first business-to-business (B2B) Fulfillment Centre (FC) in Uttar Pradesh. This becomes Walmart India’s second FC in India, after the first one opened in November 2017in Bhiwandi, Mumbai.
With the objective of enabling small businesses to prosper, the FC set up in Sarojini Nagar tehsil of Lucknow district, will cater to the business needs of underserved small businesses such as kiranas/resellers, offices & institutions (O&I) and hotels, restaurants and caterers (HORECA). It will enable Walmart India to offer unique propositions of a wide range of quality merchandise & local assortment at ‘Every Day Low Prices’, unique shopping options, 24-hour door-step delivery and convenient payment solutions to such business members in Lucknow and adjoining areas within a radius of 100 km.
Walmart India believes the FC will significantly contribute to the local and state economy by creating an estimated 1,500 direct and indirect jobs. It will significantly boost the small/regional supplier eco-system as it will source merchandise from local suppliers to fulfill the needs of its members in the area, it said.
Announcing the launch of the new Fulfilment Center, Krish Iyer, President and CEO of Walmart India, said, “I am delighted to announce the launch of our B2B Fulfillment Centre in the State of Uttar Pradesh, the first one in North India and second in India. This will further strengthen our B2B wholesale business in Lucknow and step up our B2B e-commerce model. This will enable kiranas, resellers and other businesses in Lucknow and neighbouring areas to get access to a wide & exciting assortment of merchandise without stepping out of their stores. This FC has been curated keeping in mind the finer nuances of convenience of small resellers, kiranas & other businesses which are: choice, value and service coupled with great quality, competitively priced merchandise, doorstep delivery and easy payment solutions. Uttar Pradesh is a very important and priority growth region for us and we are further expanding our business in the State to support kranas, small farmers and local suppliers here to help make them successful.”
He further added, “The FC will contribute to the state and local economies by creating over 1500 direct and indirect local jobs, developing SME suppliers, and empowering local communities. Besides, with this initiative we are taking another definitive step towards building an impactful distribution eco-system by working with our partners.”
The FC will be managed by DHL India Supply Limited.