Skip to main content

Flipkart to ally with Adani to strengthen logistics, data centre infra

 As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre in Mumbai that will be leased to Flipkart



Flipkart has signed a strategic and commercial partnership with the Adani Group to strengthen the e-commerce company’s supply chain, the two announced on Monday.

Flipkart will work with Adani Logistics, which is owned by Adani Ports & Special Economic Zone Limited. In addition, Flipkart will set up its third data centre at Adaniconnex Private Limited’s facility in Chennai. Adaniconnex is a new joint venture between EdgeConneX and Adani Enterprises Limited.

As part of this partnership, Adani Logistics will construct a 534,000 sq. ft. fulfilment centre at its upcoming logistics hub in Mumbai that will be leased to Flipkart to address the growing demand for e-commerce in Western India.

“The Adani Group is unmatched in the way it has gone about building infrastructure across India. What it brought to us was a unique combination of logistics, real estate, green energy, and data centre infrastructure capabilities,” said Kalyan Krishnamurthy, Chief Executive Officer (CEO) of Flipkart Group.

The centre is expected to be operational in Q3 2022 and will have the capacity to house 10 million units of sellers’ inventory at any point. In addition to strengthening Flipkart’s supply chain infrastructure to support MSMEs and sellers, the facility will enhance local employment and create ~2,500 direct jobs and thousands of indirect jobs.

The other part of the partnership will see Flipkart developing its third data centre at the AdaniConnecX facility.

“This broad-ranging partnership across our logistics and data centre businesses is a unique business model, and we see this as a great opportunity to serve Flipkart’s physical as well as digital infrastructure needs,” said Karan Adani, CEO of Adani Ports and Special Economic Zone (APSEZ).


Comments

Popular posts from this blog

Nearly 10 mn Afghan children in desperate need of humanitarian aid: UNICEF

  There are nearly 10 million children in Afghanistan “in desperate need of humanitarian aid”, said UNICEF Afghanistan Representative, adding these children are deprived of right to a healthy childhood There are nearly 10 million children in  Afghanistan  “in desperate need of humanitarian aid”, said UNICEF Afghanistan Representative, Herve Ludovic De Lys, adding that these children are deprived of their right to a healthy and protected childhood. “Those least responsible for this crisis, are paying the highest price — including the children killed and injured in a series of atrocities in Kabul since last Thursday”, the senior UN Children’s Fund official told correspondents. “Again, today, I heard of more unsettling reports – of unaccompanied children across the country…more reports of grave violations, including children being recruited by armed groups…All this in a year in which more than 550 children have been killed, and more than 1400 injured.” He said that against a...

'When rape is inevitable, enjoy it...': Congress MLA in Karnataka Assembly

  Senior Karnataka Congress leader KR Ramesh Kumar made a sexist and unsavoury comment on rape in the state Assembly Senior  Karnataka Congress leader  and former Karnataka Assembly Speaker KR Ramesh Kumar on Thursday made a sexist and unsavoury comment on rape in the state Assembly. Speaking in the Assembly, Kumar said, “There is a saying that when rape is inevitable, lie down and enjoy it. That is exactly the position in which you are.” The senior Congress MLA’s remark was made when MLAs began to demand time from Speaker Vishweshwara Hegde Kageri to discuss farmers’ issues in the Assembly. When the Speaker asked how the Session would be conducted if the time was allotted to everyone. “Whatever you decide I will say yes. What I am thinking is that let us enjoy the situation. I can’t control or regulate the system, my concern is about the business of the house, it has also to be covered,” the Speaker told the members. To this, the  Congress MLA  Ramesh Kumar mad...

Best Unconventional Workout and Sporting Activities for Summer

In summers, depending upon conditions and circumstances one can incorporate both outdoor  and indoor activities in their training schedule.   Summer is the season of holidays, picnics, outings and beaches. With travel and binge eating proper workout becomes that much more essential in summers. But with heat and the sun outdoors, an individual has to balance his indoor and outdoor activities to get a fulfilling workout. In summers, depending upon conditions and circumstances one can incorporate both outdoor and indoor activities in their training schedule. Mentioned below are some of the best physical and sporting activities that one can use as a workout to stay fit in the summer season. Beach Sports - If in summers one is going to spend much time on beaches or at a beach destination then one may use beach sporting activities such as beach rugby, beach soccer, beach tennis and beach volleyball to stay fit. All of these sporting activities on sand provide a ...