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India’s Department for Promotion of Industry and Internal Trade (DPIIT) last week rejected the e-tailer’s proposal to sell food products through online and mobile platforms, the Times of India newspaper reported https:// on Monday.
“We are evaluating the department’s response and intend to re-apply as we look to continue making a significant impact on small businesses and communities in India,” the company said in a statement.
If successful, Flipkart would compete with Amazon.com Inc’s (O:AMZN) India unit, Alibaba-backed (N:BABA) BigBasket, SoftBank-backed (T:9984) Grofers, and Reliance Industries Ltd’s (NS:RELI) recently launched JioMart.
