Bengaluru: India’s largest online retailer Flipkart is scouring for 300 acres of land across Karnataka, Gurugram, and West Bengal to set up logistics parks, according to a Business Standard report. The Walmart-owned company is expected to invest up to ₹5,000 crore to set up the logistics parks that may create around 50,000 direct and indirect jobs.
This comes at a time when both Flipkart and Amazon have upped ante to secure market leadership. Last year, Flipkart announced that it was scouting for a 100-acre plot in the outskirts of Bengaluru to set up a logistics park.
The idea behind setting up logistics park is to consolidate fulfilment, sorting and transport centres as supply chain is an integral part of a smooth-functioning e-commerce venture.
Also, companies, following the implementation of the goods and services tax, have been looking at consolidating warehouses and supply chain. The Future Group has a massive logistics park in Nagpur, while even Amazon India launched one of its biggest fulfillment centres in Hyderabad.