Walmart pursues ecommerce plans to take on rivals

American retail giant Walmart, after parting ways with Bharti Retail in India, is aggressively following its wholesale business in the country. Now, the company has decided to pursue a different ecommerce route to take on rivals like Amazon. Walmart aims to utilize its large store network as its distribution points through a free shipping club program. However, experts say that it would have to invest more in the country to fulfill the ecommerce plans.

Walmart India aims to open 50 stores in the country over the next five years. The plan is to open brick-and-mortar stores while establishing online presence. Apart from Andhra and Telangana, where it would open cash-n-carry stores, the company is eyeing to expand footprint in Delhi, Uttar Pradesh, Punjab, Haryana and Rajasthan.

The company recently elevated Ashwin Mittal to the position of Chief Financial Officer while Javier Rojo has been appointed as the head of real estate expansion and business development in India.