- CNM Business
Launched in India on July 8, 2018, Phygicart e-Commerce is entering its fourth year with three years of successful operations, following all the directions of the Government of India in direct selling. Fijicart was launched in 2016 with its headquarters in the UAE. It then expanded its operations to India as part of its business expansion.
Chairman Dr. Boby Chemmanur inaugurated his own transportation system as part of his efforts to deliver products directly to customers. BHARAT BENZ’s big trucks hit the road as part of this.
Phygicart uses direct selling system coding to enable the customer to enter the fast growing e-commerce business.
The company expects a turnover of Rs 5,000 crore in India by 2025. By the time the company reaches this turnover, it is expected that about 1.5 million families will be financially secure. The work of the Corporate Office at Nellayi, Thrissur is in progress to achieve this goal. In addition, the 25000 sq ft Kerala Warehouse started operations yesterday. At present, apart from Kerala, there are regional offices and warehouses in Tamil Nadu and Karnataka. Preparations to register with the stock market and go IPO are in full swing as part of the expansion. Dr. Boby Chemmanur said that today more than 60,000 families are financially secure, as evidenced by the fact that Phygicart can help them grow as an entrepreneur and earn a good income by working sincerely during this time of rising unemployment.