The expansion is expected to bring Flipkart in line with major rivals such as Zepto and Instamart, with plans to extend its presence to around 250 cities by mid-2026.
Business News
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Anuj Mundhra, Chairman and Managing Director of Nandani Creation Limited, stated that the initiative would enable the company to unlock value from existing inventory through a structured and scalable channel.
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The store has opened as a performance-focused retail destination in one of Mumbai’s most frequented shopping markets and has been developed around technical fabrics, functional construction, and an athletic design-led layout aimed at customers looking for premium fitness wear.
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Sourcing
Zara, H&M and Primark Face Rising Costs as West Asia Conflict Disrupts Asian Polyester Supply Chains
Polyester, derived from oil-based inputs, accounts for 59% of global fibre output and is widely used across garments ranging from dresses to athleisure wear.
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The company expects its renewable energy share to reach around 60% next year, driven by bio-based boilers and solar hybrid systems, while also advancing textile-to-textile recycling through its Renova brand.
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TEEM was announced in the latest Union Budget by Finance Minister Nirmala Sitharaman as part of an integrated programme aimed at driving growth in the textile industry.
