Flipkart to invest over Rs 3,000 crore to expand logistics operations across India
Flipkart, India’s leading ecommerce company is expanding its logistics and warehouse facilities across three locations in the country and the investments into these will be in the excess of Rs 3,000 crore.
The ecommerce company, owned by Walmart, plans to acquire around 300 acres of land in the National Capital Region, Karnataka and West Bengal to set up logistics and warehouse facilities, sources familiar with these developments told YourStory.
In West Bengal, Flipkart plans to acquire around 100 acres of land to set up its logistics park in the outskirts of Kolkata. This is likely to entail an investment of around Rs 1,000 crore and will provide employment to around 18,000-20,000 people in the form of both direct and indirect jobs.
The work in Kolkata has already begun and once completed, this will be the logistics hub for the Eastern part of India for the company.
Flipkart is also scouting for similar parcels of land in Gurugram and Bengaluru. This will entail an investment of Rs 1,000 crore each, and typically each centre will generate an employment in the range of 18,000-20,000 people.
For Flipkart, Bengaluru remains the headquarters for the logistics and warehouse facilities.
The parks will function as freight aggregation and distribution hubs, which will boost supply-chain efficiency and cut costs by using mechanized warehousing.
Flipkart’s logistics parks will be based on the principle of sustainability and aim to reduce wastage of natural resources. The ecommerce major has been strengthening its technology infrastructure in the back end operations. These include use of robotics which have been deployed at it Bengaluru logistics centre.
The company also recently inaugurated its state-of-the-art data centre in Hyderabad and investment in Telangana to strengthen its technology infrastructure. It has been designed to be Tier-IV rate and most of the power consumed will be fulfilled by renewable energy.