Flipkart on Monday said it has entered into a commercial partnership with the Adani Group to strengthen logistics and data centre capabilities of the Walmart-owned company and create about 2,500 direct jobs. In this two-pronged partnership, Flipkart will work with Adani Logistics Ltd, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd, to strengthen its supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customers, a statement said.
As part of this partnership, Adani Logistics Ltd will construct a 5.34 lakh sq ft fulfilment centre (warehouse) in its upcoming logistics hub in Mumbai that will be leased to Flipkart to address the growing demand for e-commerce in western India and support market access of several thousands of sellers and MSMEs in the region.
The centre, which will leverage state-of-the-art technologies, is expected to be operational in the third quarter of 2022 and will have the capacity to house 10 million units of sellers’ inventory at any point, the statement said. In addition to strengthening Flipkart’s supply chain infrastructure to support MSMEs and sellers, the facility will enhance local employment and create about 2,500 direct jobs and thousands of indirect jobs, it added.
“I am delighted to see two of India’s fastest-growing businesses come together to help build some of the most critical as well as state-of-the-art infrastructure that our nation needs. This is what Atmanirbharata should be all about,” Karan Adani, Chief Executive Officer of Adani Ports and Special Economic Zone (APSEZ), said.
“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,” Flipkart Group Chief Executive Officer Kalyan Krishnamurthy said.
“Our logistics network and technology stack are instrumental in making this a reality. These investments will help us strengthen our presence and capabilities in India to support MSMEs and sellers while also accelerating job creation and growth,” he said.