Rockingdeals Circular Economy Limited, a leading Indian B2B re-commerce player, is set to expand its footprint to North East India with the opening of a new warehouse in Guwahati spread over 10,000 sq. ft. to cater to the burgeoning demand for affordable and genuine products in the region.
Bikash Singh of the Economic Times reported that the Delhi NCR-headquartered company will invest over Rs 2.5 crore to set up the warehouse in Guwahati, which will open its doors to customers in the first week of June 2024.
Aman Preet, Managing Director, Rockingdeals Circular Economy Limited, said, “We are delighted to bring Rockingdeals Circular Economy to Guwahati and introduce our sustainable retail concept to the consumers in Northeast India. Our goal has always been to make authentic and reliable products accessible to everyone at affordable prices. The addition of the Guwahati warehouse strengthens our footprint in India and underscores our commitment to promoting a circular economy nationwide.”
He further added, “Through our sustainable business practices, we look forward to empowering customers to make environmentally conscious choices and contribute to a more sustainable future. We always strive to make eco-friendly products accessible to everyone while driving positive change in consumer behaviour. We believe in bringing sustainable change by achieving global sustainable goals such as responsible consumption and production, climate action, building sustainable communities, and bringing down poverty by fuelling economic growth.”
Rockingdeals Circular Economy Limited is a part of the Delhi NCR-headquartered Rockingdeals Group. With this addition, the company’s overall warehouse capacity now stands at 60,000 sq. ft., significantly bolstering its operational capabilities and ensuring efficient service to customers across the country. Currently, RDCEL operates three warehouses in Faridabad.
About Rockingdeals Circular Economy
Rocking Deals Circular Economy specializes in the bulk trading of excess inventory, open boxed inventory, re-commerce products, and refurbished products. It operates its business model in such a way that other companies with excess inventory of any kind can easily dispose of their excess inventory. This enables them to free up valuable space and resources for inventory and shelf space.
Rocking Deals Circular Economy Ltd has over 18 categories of Stock Keeping Units (SKU), which include electrical appliances (catering to companies like Syska, Havells, LG, Panasonic, Usha, Crompton, Luminous, and Phillips). In the apparels and footwear, it handles excess inventory for Zara, Nike, Campus, etc. Among other products and manufactures it caters to include speakers (Boat, JBL, Gizmore), mobiles / accessories (Lenovo, Boat, Gizmore), and many more.
Rocking Deals Circular Economy Ltd also directly interfaces with mega ecommerce players like Amazon and Flipkart to enable disposal and absorption of such excess inventory. Rocking Deals also specializes in dealing with excess inventory across multiple brands in the B2B market.
On the one side, it assists businesses in liquidating their surplus stock, and on the other side enables willing buyers to be able to buy at steep discounts. This turns out to be a win-win situation for all parties involved. By offering unboxed and pre-owned products, consumers can also reduce their environmental footprint by choosing to reuse rather than buying new products. Overall, the company ends up making a positive impact on the environment and the economy.
(With inputs from 5paisa.com)
