Flipkart CEO Predicts Uttar Pradesh to become India’s First Trillion-Dollar State Economy

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Flipkart, Chief Executive Officer, Kalyan Krishnamurthy recently made a couple of predictions for the state of Uttar Pradesh. Currently, Flipkart is betting big on the state of Uttar Pradesh an is willing to partner with UP to rope in 200-300 million customers to experience e-commerce and connect Medium and Small Scale Enterprises, suppliers, small farmers and farmer-producer organizations to the marketplace.

Today greenfield projects that had been established during the second groundbreaking ceremony will help in Uttar Pradesh’s desire and dream to be the first trillion-dollar state economy in India, said Flipkart Group Chief Executive Officer, Kalyan Krishnamurthy.

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“Uttar Pra is one of the most precious Indian state for us at Flipkart. We not just have numerous merchants and neighborhood MSME (micro, small and medium enterprise) producers who are getting to the across the country market to sell their items all the more proficiently and in a financially savvy way, yet in addition are encouraging local handicrafts to market their products,” he said.

The groundbreaking function will help and facilitate a key job in uplifting Uttar Pradesh as an industrial, commercial and innovation hub in the nation and help in the state’s mission to be India’s first trillion-dollar state economy, he said on the sidelines of the event for the groundbreaking of industrial projects worth around Rs 65,000 crore.

“Thousands of small businessmen, artisans, and women entrepreneurs are looking for strategic partnerships with Flipkart beneficial as they expand and connect a pan-India market,” he said.

Using best local technology and indigenous innovation, Flipkart is proud of creating a difference in the lives of millions of Indians, he said, adding that through Myntra, a fashion platform, “we are very excited to provide market access to weavers or artisans across Uttar Pradesh”.

“We are very much excited to be associated with state of Uttar Pradesh as we bring in the next around 300 million customers to experience e-commerce and connect lakhs of micro, small and medium enterprise suppliers, small farmers, and farmer-producer organizations to the online marketplace while developing lakhs of new livelihood opportunities,” the Flipkart Group CEO added.

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Flipkart, which has recently been acquired by the United States retail giant Walmart in 2018, is very much interested in promoting MSMEs and one-district-one-product (ODOP) in Uttar Pradesh, its Chief Corporate Affairs Officer Rajneesh Kumar said earlier.

Walmart India’s main area of specialization is cash and carry business and for that, it needs to source directly from farmers and Farmer Producer Organisations (FPOs) and local suppliers and help small kirana’s become more efficient and profitable, Kumar said.

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