Flipkart, India’s leading local e-commerce market, announced on Monday the establishment of a strategic and business partnership with Adani Group, India’s largest multinational infrastructure company.
In this two-sided partnership, Flipkart will work with Adani Logistics Limited to strengthen Flipkart’s supply chain infrastructure, which is the country’s largest end-to-end diversified logistics The service provider is also a wholly-owned subsidiary of Adani Ports and Special Economic Zone Co., Ltd. And further enhance its ability to serve the rapidly growing customer base.
“The local e-commerce giant Flipkart is our new strategic partner. In a two-pronged partnership, AdaniConneX will build a new Tier 4 data center, and Indian logistics leader Adani Logistics will build its 534,000 square foot Fulfillment centers. Thousands of new centers work in Mumbai.” Gautam Adani, Chairman of Adani Group, tweeted.
The local e-commerce giant Flipkart is our new strategic partner. In a two-pronged partnership, AdaniConneX will build its new Tier 4 data center, while Adani Logistics, a leader in the Indian logistics industry, will build its 534,000 square foot fulfillment center. Thousands of new jobs in Mumbai.
-Jotam Adani (@gautam_adani) April 12, 2021
Talking about the strategic partnership between the two companies, Karan Adani, CEO of Adani Ports and Special Economic Zone (APSEZ), said: “I am very pleased to see India’s two fastest-growing companies come together to help build some The most important company. The key and state-of-the-art infrastructure that our country needs. This is the purpose of Atmanirbharta.”
“Our extensive partnership in the logistics and data center business is a unique business model, and we see this as an excellent opportunity to meet the needs of Flipkarts’ physical and digital infrastructure. Flipkart helps define e-commerce adoption in India To serve consumers through its created value and continuous technological innovation, we look forward to a long-term and fruitful partnership because we focus on learning from each other and use our common advantages to prioritize consumers and the Indian MSME ecosystem Development,” he added.
Kalyan Krishnamurthy, CEO of Flipkart Group, said: “The way Adani Group builds infrastructure across India is unparalleled. What it brings us is a unique combination of logistics, real estate, green energy and data central infrastructure capabilities. We are very happy to work with Adani. The group establishes partnerships to strengthen our supply chain and technical infrastructure.”
“At Flipkart Group, we focus on ensuring that our customers have access to a wide range of products from sellers across the country because we continue to innovate to increase affordability. Our logistics network and technology stack help turn it into these investments will help us Strengthen operations and capabilities in India to support MSME and sellers, while also accelerating job creation and growth,” Krishnamurthy added.
In addition, Flipkart will use AdaniConneX’s world-class expertise and industry-leading data center technology solutions to build its third data center at the facility of AdaniConnex Private Limited in Chennai. Adaniconnex Private Limited is a newly established joint venture between EdgeConneX and Adani Enterprises Limited.
As part of the partnership, Adani Logistics will build a 534,000-square-foot distribution center in the upcoming Mumbai logistics hub, which will be leased to Flipkart to address the growing demand for e-commerce in Western India And support the sellers and MSMEs entering the region in thousands of markets.
With the most advanced technology, the center is expected to be operational in the third quarter of 2022 and will have the capacity to hold 10 million units of seller inventory at any time. In addition to strengthening Flipkart’s supply chain infrastructure to support MSME and sellers, the facility will also increase local employment opportunities and create 2500 direct jobs and thousands of indirect jobs.
Another branch of the partnership will be Flipkart’s development of its third data center at the AdaniConneX facility as one of the country’s largest private cloud deployments, thereby further strengthening its e-commerce business in India’s growing market. The design of the data center meets the highest standards in terms of reliability, safety and sustainability, which will leverage Adani Group’s capacity as the country’s largest solar producer, using its ability to generate and supply green energy.
The AdaniConneX data center is a brand new facility that enables Flipkart to design the data center in accordance with its growing infrastructure needs, while focusing on security and keeping data locally in India.
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