Reliance has announced the launch of JioMart in selection regions of India. According to reports, the company is currently testing Grocery selling via JioMart in three neighborhoods surrounding Mumbai. Tagged as “Desh Ki Nayi Dukaan”, JioMart is currently available in Navi Mumbai, Kalyan, and Thane. We expect the company to throw open warehouses across India by Q2 2020.
Ever since the global giants like Amazon and Flipkart have established their presence in India, the Ambani-owned company has been looking into the ways to tap the e-commerce platform. The main purpose is to compete with Amazon, which has established several fulfillment centers across India and has been selling a wide range of products.
As of this writing, JioMart is thrown open to select customers who had registered previously. The e-commerce platform promises more than 50000 grocery products coupled with free home delivery and free returns. The interesting point to note is that the company is providing no questions asked returns policy just like Amazon.
The beta version of the JioMart site is not available currently over the web browser. However, the portal is available via Reliance Jio consumers. You have to register interest by navigating to the JioMart portal from your 4G mobile connectivity.
The company is selling over 50000+ grocery products with free home delivery without any minimum order value. If you register now, you will be able to save up to Rs 3000 at the launch. The main attraction of JioMart is that the company is providing free assistance via WhatsApp, which is missing with Amazon and Flipkart.
With the complete launch of JioMart, the Jio provider will join the race to compete with Amazon and Flipkart for a small pie in the e-commerce segment in India. We surely of the opinion that the company will expect a large share by the end of 2021. With the e-commerce arena set to grow by $200 billion by 2027, the company aims to tap the rich and tech-savvy consumer base across India.
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