Finance News

Flipkart was supposed to set up a logistics hub in Mumbai India before Atimari

E-commerce company Flipkart had earlier announced the creation of a logistics hub in West Bengal. According to sources, the progress of the project has come to a standstill due to Corona, but finally, the work of the first phase is almost final. If everything goes well, it will start soon.

Amit Mitra, the then finance minister of the state, said four years ago that he had received a proposal to set up a logistics hub under Walmart, a US multinational retailer. They offered to invest Rs 900 crore to build it near Haringhata. When the project was launched, at least 10,000 jobs were indicated. Amit Babu expressed hope that this hub would be started by 2020 on 100 acres of land.

The state is hosting the industry conference, Bengal Global Business Summit (BGBS) this month. It is unknown at this time what he will do after leaving the post. Flipkart did not want to comment on the project on Wednesday.

According to the source, even though the work of the project has started, sometimes it is difficult to finish the work on time as per the plan. Recently, Flipkart launched its third ‘Fulfillment Center’ for groceries. The logistics hub is much larger than that type of center. There are separate warehouses and supply centers for different products. According to the industry, the Haringhata center will play an important role for Flipkart in expanding its business in the eastern and northeastern markets. However, it is not clear whether the goods will be supplied from that center in the neighboring country as well.
According to the source, even though the work of the project has started, sometimes it is difficult to finish the work on time as per the plan. Flipkart was supposed to set up a logistics hub in West Bengal before Atimari.