In a country where the largest existing warehouses are mostly restricted around half a million square feet space, domestic e-commerce giant Flipkart seems to have decided to change the rules of the game. Several recent media reports suggest that the company has drawn the plans to set up a staggering 4.5 million square feet of integrated logistics park at the outskirts of Bengaluru. The park which will be set up on a land parcel of 100 acres is slated to become the major distribution hub for the company for the next 10 years.
“This is going to be the largest investment from Flipkart’s side for the next five to 10 years. One is land acquisition and the other big investment is going to be the kind of facilities that we build here,” Amitesh Jha, vice-president and head of Flipkart’s logistics arm, eKart has been mentioned saying in a news report. “The capex will be in hundreds of millions of dollars, but I will not be able to give you the exact investment figure,” he added. Flipkart’s arch rival in the country Amazon too has been busy in creating a vibrant distribution hub network in the country in the recent years considering the long-term demand projections and early this year had unveiled country’s largest warehouse operated by an e-commerce firm in the country in Telangana.