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Flipkart banks on smartphones to boost sales in 2017-18

Flipkart banks on smartphones to boost sales in 2017-18

Wednesday, March 15, 2017, 10:02 AM

India’s largest e-commerce firm Flipkart Ltd expects gross sales to increase by 50-60% in the next financial year, powered by its reclaimed dominance of online smartphone sales. Apart from smartphones, which account for roughly half of all e-commerce sales in India, Flipkart will focus on increasing sales of large appliances, fashion and furniture, also the company will start selling groceries later this year.
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