Stellar Value Chain Solutions to invest 200 crore to strengthen e-grocery supply chain

Stellar Value Chain Solutions, one of the largest tech-driven consumer supply chain companies in India, will invest Rs.200 crore to boost its e-grocery supply chain offerings in FY21-22. The investment will help the company to set up 25 fulfilment and sort centres across the country in the current financial year to strengthen its e-commerce supply chain network.
Apart from setting up fulfilment and sort centres, Stellar Value Chain Solutions will invest in technology integration as well to enhance operational efficiency. The company will also infuse money into rolling out a fleet of electric vehicles (EV) to develop an EV-based transportation network to facilitate the e-grocery delivery. Anshuman Singh, Chairman and Managing Director, Stellar Value Chain Solutions Pvt. Ltd. said, “Changed buying pattern of consumers and a sense of convenience has made e-grocery one of the attractive and highly competitive e-commerce segments. Our enhanced e-grocery supply chain will help companies develop a strong delivery backbone.”