Home / Knowledge / News / Apparel/Garments / Flipkart plans to invest $500 million in warehouses
Flipkart plans to invest $500 million in warehouses
02
Nov '15
Flipkart, one of India's largest online marketplaces, plans to make invest $500 million in setting up a network of over 80 warehouses in the next five to six years, as per media reports.

The company also plans to invest about $2.5 billion in logistics support systems. Half of the planned warehouses are expected to come up in tier 2 and tier 3 towns of India.

The online retailer recently opened a completely automated 2.2 lakh square feet fulfilment centre—its largest to date—in Gundla Pochampally on the outskirts of Hyderabad city.

The 17th of its kind in the country, the new warehouse, is equipped with a one kilometre long conveyer belt with intelligent systems which can ship 6,000 items in an hour. The centre is designed to offer easy access to e-commerce services for sellers and provide quicker services to customers.

The newly opened fulfilment centre in Hyderabad is expected to ship 1.2 lakh products every day.

Flipkart sells more than 45 million products, including apparel, and sends out over 10 million shipments daily. (HO)

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search