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Thursday, 8 October 2020

Flipkart’s largest centre to come up in Manesar

Tribune News Service
Chandigarh, October 7

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) Limited has allotted 140 acres to Flipkart group for setting up their largest fulfilment centre in Asia, having a covered area of 3 million square feet in Patli Hazipur, Manesar.

The allotment was approved by the executive empowered committee at its meeting held here today under the Chairmanship of Principal Chief Secretary to Chief Minister-cum-Chairman, HSIIDC, Rajesh Khullar.

Khullar said in view of the increasing demand of warehousing from e-commerce companies, HSIIDC has set up a warehousing hub over 285 acres in Patli Hazipur, Manesar. He said the land had been allotted at bare shell cost of Rs 3.09 crore per acre and all infrastructure facilities would be laid by the Flipkart Group. This project will give impetus to further investments in the region.

A representative of Flipkart Group said they would be setting up a logistics park in the land parcel over the next 3 to 5 years which had a potential of a total built-up area of 5 million square feet and would be developed in 2-3 phases. The first phase of the project would be operational by 2022. The sustainable development of the park is expected to cost more than Rs 3,500 crore in capital investment and would create more than 12,000 jobs.

Rajneesh Kumar, Chief Corporate Affairs Officer, Flipkart Group, said Flipkart's focused investments in its supply chain had been pivotal to path-breaking, customer experience offerings that had helped build trust in e-commerce.



from The Tribune https://ift.tt/3jBbozY

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