Flipkart, India’s main homegrown e-commerce market, on Monday introduced a strategic and business partnership with the Adani Group, India’s largest multinational infrastructure firm.
In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, the biggest diversified end-to-end logistics service supplier within the nation and a wholly-owned subsidiary of Adani Ports and Special Economic Zone Limited, to strengthen Flipkart’s provide chain infrastructure and additional improve its potential to serve its quickly rising base of consumers.
“Homegrown e-commerce giant Flipkart is our new strategic partner. In the two-prong partnership, AdaniConneX will build their new Tier 4 data centre and Adani Logistics, India’s leader in logistics, will build their 534,000 square feet fulfilment centre. Thousands of new jobs in Mumbai,” tweeted Adani Group Chairman Gautam Adani.
Homegrown e-commerce large Flipkart is our new strategic accomplice. In the two-prong partnership, AdaniConneX will construct their new Tier four knowledge centre and Adani Logistics, India’s chief in logistics, will construct their 534,000 sqft fulfilment centre. Thousands of latest jobs in Mumbai.
— Gautam Adani (@gautam_adani) April 12, 2021
Speaking on the strategic partnership between the 2 corporations, Karan Adani, Chief Executive Officer of Adani Ports and Special Economic Zone (APSEZ) stated, “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 Atmanirbharta should be all about.”
“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 Flipkarts physical as well as digital infrastructure needs. Flipkart has been instrumental in defining e-commerce adoption in India, both through the value it creates and its constant technological innovation to serve its consumers. We look forward to a long and fruitful partnership as we focus on learning from each other as well as leveraging our mutual strengths to prioritise consumers and development of India’s MSME ecosystem,” he added.
Kalyan Krishnamurthy, Chief Executive Officer, Flipkart Group, stated, “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. We are delighted to initiate our association with the Adani Group to strengthen our supply chain and technology infrastructure.”
“At the Flipkart Group, we are focused on ensuring that our customers get access to a wide range of products made available by sellers across the country as we continuously innovate to drive greater affordability. 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,” Krishnamurthy added.
In addition, Flipkart will arrange its third knowledge centre at Adaniconnex Private Limited Chennai primarily based facility, leveraging AdaniConneX’s world-class experience and industry-leading knowledge centre know-how options. Adaniconnex Private Limitedis a brand new Joint Venture fashioned between EdgeConneX and Adani Enterprises Limited.
As a part of this partnership, Adani Logistics Limited will assemble a large 534,000 sq. toes fulfilment centre in its upcoming logistics hub in Mumbai that shall be leased to Flipkart to handle the rising demand for e-commerce in Western India and assist market entry of a number of hundreds of sellers and MSMEs within the area.
Leveraging state-of-the-art applied sciences, the centre is anticipated to be operational in Q3 2022 and could have the capability to deal with 10 million items of sellers’ stock at any level. In addition to strengthening Flipkart’s provide chain infrastructure to assist MSMEs and sellers, the power will improve native employment and create 2,500 direct jobs and hundreds of oblique jobs.
The different prong of the partnership will see Flipkart creating its third knowledge centre on the AdaniConneX facility as part of one of many largest non-public cloud deployments within the nation, thereby additional strengthening its rising market e-commerce enterprise in India. The knowledge centre has been designed to fulfill the very best requirements in reliability, safety, and sustainability, which can capitalise on the Adani Group’s functionality as the biggest photo voltaic participant within the nation to generate and supply inexperienced energy.
The AdaniConneX knowledge centre is a brand-new facility enabling Flipkart to design the information centre to its rising infrastructure wants with a major give attention to safety and retaining knowledge regionally inside India.
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