Synopsis
Apart from Big Basket and Grofers, Amazon, Flipkart and Reliance too are selling more and more grocery items online. This will increase as a lockdown in Maharashtra and potential similar actions in other states push demand for buying supplies online.
Agencies
In a report last year, Goldman Sachs predicted India’s ecommerce market will double to $99 billion by 2024 with groceries and fashion apparel leading the growth.
As more ecommerce players jump on to the bandwagon of grocery retail and lockdowns increase with the second Covid-19 wave, logistics and supply chain companies are building additional storage and distribution facilities for them.
March 10, 2021
Anshuman Singh, Chairman and Managing Director, Stellar Value Chain Solutions Pvt. Ltd×
To set up 50 mn sq ft of demand centres, cross-country fleet of 50,000 vehicles
US private equity giant Warburg Pincus-backed Stellar Value Chain Solutions led by Anshuman Singh, a supply chain management veteran, is seeking to bring disruptive changes in the Indian supply chain landscape through ‘Value Chain Transformation’.
Anshuman, a co-founder of Future Supply Chain Solutions Ltd (FSC) along with Kishore Biyani, founded Stellar Value Chain Solutions in 2016. In a span of four years, Stellar has knitted together contract logistics (3PL modern warehousing) and logistics (transportation - express, LTL and intra city) services, along with supply chain modelling and solutioning in fashion, retail, e-commerce, FMCG, consumer durables, hi-tech, automotive, industrial, pharma and telecom sectors.
Stellar Value Chain plans ₹25,000-cr expansion over 6 years
March 10, 2021
Anshuman Singh, Chairman and Managing Director, Stellar Value Chain Solutions Pvt Ltd×
To set up 50 mn sq ft of demand centres and cross-country fleet of 50,000 vehicles
US private equity giant Warburg Pincus-backed Stellar Value Chain Solutions led by Anshuman Singh, a supply chain management veteran, is seeking to bring disruptive changes to the Indian supply chain landscape through ‘Value Chain Transformation’. Anshuman, a co-founder of Future Supply Chain Solutions Ltd (FSC) along with Kishore Biyani, founded Stellar Value Chain Solutions in 2016.
In a span of four years, Stellar has knitted together contract logistics (3PL modern warehousing) and logistics (transportation - express, LTL and intra city) services along with supply chain modelling and solutioning in fashion, retail, e-commerce, FMCG, consumer durables, Hi-tech, automotive, industrial, pharma and telecom sectors.