Flipkart Is Ready To Invest In Bengal


Kolkata: Flipkart is planning to invest over Rs 600 crore for setting up an integrated mega logistics hub in West Bengal.

Flipkart plans to develop 40 lakh square feet in phases and the investment is expected to be upwards of Rs 650 crore. The company anticipates a direct job creation potential for 5,000 people.

This hub, only second of its kind announced by the etail major after the Bengaluru centre, will cater to the all eastern and northeastern states and provide employment to around 5,000 people here, a top company official said.

Flipkart vice president Amitesh Jha confirmed that it is in an advance stage of setting up a 40-lakh-sq-ft high-tech logistics hub near Kolkata. However, he refused to disclose the exact amount of investment earmarked for this project.

The proposed nerve centre of the company’s east India operations will house several Flipkart fulfilment and sorting centres. “It will improve supply chain efficiency and reduce costs by deploying mechanised warehousing and intelligent transport systems. It will also generate employment for over 5,000 people,” he added.

With the goods and services tax doing away with multiple state level taxes, e-commerce firms are increasingly exploring ways to manage the supply chain with fewer but larger warehouses.

The Bengal government has identified the potential of the sector and has prepared a policy to support the sector, announced in the state’s business summit in January.