29 Aug 2022 , 09:02 AM
The largest online retailer, Flipkart, which is owned by Walmart, will invest more than Rs3,600 crore over the next three years to build 3 enormous automated fulfilment centers. According to Hemant Badri, Senior Vice President and Head of Supply Chain for the Flipkart Group, this includes two new ones that would be built in South and West Bengal, respectively, as well as one in Manesar that is already under construction.
The group has previously built one such big box facility, which it claims is the biggest one in Asia, in West Bengal’s Haringhata district. In 2024, the Manesar one will be in use. These facilities, according to Badri, provide twice the storage space per square foot, 30-50% more efficiency, lower capital and operating expenses, and shorter shipment times.These buildings will often be 18 meters tall instead of the typical 10 to 12 meters.
The company will build three other enormous big-box automated fulfilment centers in Manesar, one in the South for which we are finalizing the location, and one more in Haringhata since we have more land in the next two to three years. Investments of between Rs1,200 crore and Rs1,500 crore are needed for each of these facilities. There would be four or five such institutions during the next three to five years.
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