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Kisanserv plans to expand to 250 stores, create 6000 jobs in the next four years

Economic Times LogoEconomic Times8h ago

Kisanserv plans to expand to 250 stores, create 6000 jobs in the next four years - Economic Times

Quick Summary:

Following this initial phase of expansion, the company plans to scale up to 1,000 stores, entering new markets such as Bangalore, Hyderabad, and Chennai.

This technology has enabled Kisanserv to achieve an inventory turnover of 1-2 days, ensuring product freshness and keeping wastage to a minimum—4-5% in stores and just 4% in the supply chain.

Kisanserv operates neighbourhood convenience stores, each approximately 300 square feet, while also offering an online shopping experience through the Kisanserv Express app.


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Article Details

Author / Journalist: ET Online

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 10:51:59 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 22224741

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About Economic Times

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 8 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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