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Saurabh Kumar believes that the e-commerce sector will continue to reshape and see more disruption as the current ecosystem cannot keep up with customer expectations.
Kumar has launched his new venture called Warpli, a full fledged online marketplace which will compete with incumbents such as Amazon and Flipkart in the hyper competitive market.
Grofers co-founder Saurabh Kumar has decided to leave the company but will continue to remain a Board member and shareholder in the online grocery delivery platform, according to CEO Albinder Dhindsa.
Products made in rural India are still finding it difficult to reach the urban buyers. Arts and crafts made in rural India can be bought at a premium price in fancy outlets in big cities but much of the profit goes into the pockets of the middle men who bring these products to the fancy outlets in big cities.
The state-run EESL has been able to procure LED bulbs for Rs 73 as of June, down from Rs 310 in February 2014, a reduction of over 75 percent. Goyal also urged the representatives from the lighting industry to reduce retail prices of LED bulbs, which are still ruling as high as Rs 300.
The Chabahar port is crucial as it will give India sea-land access to Afghanistan bypassing Pakistan. The Chabahar port enjoys many remarkable capacities and serves as a point which links the two governments of Iran and India, Indian Ambassador to Tehran Saurabh Kumar said during his tour of the port.
