Walmart India, the wholly owned subsidiary of Walmart Inc, has opened its first business-to-business (B2B) Fulfilment Centre (FC) in Uttar Pradesh state capital.
This Lucknow FC is the second in the country after the first one opened in Bhiwandi in Mumbai last year. The third FC would be established in Hyderabad.
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 and hotels, restaurants and caterers.
This FC will enable Walmart India to offer unique propositions of a wide range of quality merchandise and 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.
The FC will significantly contribute to the local and state economy by creating an estimated 1,500 direct and indirect jobs. It will also 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.
Meanwhile, Walmart will be adding more stores in Uttar Pradesh in coming three to five years. Around 15 stores would be opened in different cities of UP including Varanasi, Kanpur, Gorakhpur, Allahabad, Moradabad, Bareilly and others. Presently, Walmart has four stores including two in Agra and one each in Lucknow and Meerut. There is also a proposal to start second store in Lucknow too. Announcing the launch of the new Fulfilment Center, President and CEO of Walmart India, KrishIyer, told reporters here on Monday that they are delighted to announce the launch of our B2B Fulfillment Centre in 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 and 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 and other businesses which are– choice, value and service coupled with great quality, competitively priced merchandise, doorstep delivery and easy payment solutions,” he said.
Mr Krishlyer said UP is a very important and priority growth region for Walmart and thus the company has made strategies to expand the business in the State to support kiranas, small farmers and local suppliers here to help make them successful.
He further added that, “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 will be a step towards building an impactful distribution eco-system by working with our partners.”
Through this Walmart India FC, members will be able to shop from the comfort of their premises in four ways– by browsing and placing orders through the Best Price website www.bestprice.in, through the Best Price mobile app, by dialing the Call Centre (+91-120-487-8888) and through their Kirana Relationship Managers. The FC will be managed by DHL India Supply Limited.