GRM Overseas’ subsidiary GRM Foodkraft has entered into an agreement with Walmart to place its Products in Walmart stores. Starting April 2021 its Products will be available in Walmart stores across Tier 1 and Tier 2 cities.
In addition, the partnership with Walmart will further strengthen GRM presence in domestic market and is expected to drive the top line growth and market share in the coming years. This is an important breakthrough for GRM since Walmart has very stringent pre-qualification requirements for approval of its suppliers / vendors for purchasing any Products. In order to get vendor approval from Walmart, the Products must demonstrate the requisite quality and safety standard and must be in compliance with domestic requirements and regulations.
GRM’s association with Walmart is a testament to Company’s strong customer relationship as well as effective marketing capabilities in domestic as well as export market. Further, GRM strive towards more wins like these with top grocery retailers / chains in the domestic and international markets in future.
GRM Overseas is presently engaged in the business of processing and sale of rice.
