Small Retailers Call for a 'Bharat Taxi' Revolution to Compete with Giant E-commerce
Facing fierce competition from e-commerce and quick-commerce platforms, small and medium retailers seek governmental support for a dedicated technology platform. This initiative aims to empower local kirana shops to compete on equal terms, preserving livelihoods amid the digital commerce disruption.
- Country:
- India
Small and medium retailers in India, represented by the Federation of Retailer Association of India (FRAI), are appealing for governmental intervention to level the playing field against dominant e-commerce platforms. The association suggests creating a 'Bharat Taxi-like' digital system, enabling local kirana shops to effectively accommodate consumer demands.
FRAI highlights the detrimental impact of quick-commerce platforms on traditional stores, citing a market study that revealed two lakh kirana closures last year. The decline in income and sales is attributed to aggressive marketing strategies, fast delivery offerings, and deep discounts from digital giants like Blinkit and Zepto.
There is a pressing call for government action to provide small retailers with technology that boosts visibility and competitiveness. The initiative includes a proposed customer-rating feature to uphold service standards within the local retail ecosystem, potentially safeguarding millions of livelihoods in India's informal economy.
(With inputs from agencies.)
ALSO READ
CAF Doubles Down: Massive Prize Boost for African Club Competitions
Designing the Future: Logo Competition for Viksit Bharat Mission
India Secures Landmark Trade Deal with US Amid Global Competition
Tajinderpal Singh Toor Sets the Stage for a Promising Season at Indian Open Throws Competition
India Secures Best Trade Deal with US Amid Global Competition

