Flipkart enters into strategic partnership with Adani Group

Flipkart Indias leading homegrown ecommerce marketplace on Monday announced a strategic and commercial partnership with the Adani Group Indias largest multinational infrastructure companyIn this twopronged partnership Flipkart will work with Adani Logistics Limited the largest diversified endtoend logistics service provider in the country and a whollyowned subsidiary of Adani Ports and Special Economic Zone Limited to strengthen Flipkarts supply chain infrastructure and further enhance its ability to serve its rapidly growing base of customersHomegrown ecommerce giant Flipkart is our new strategic partner In the twoprong partnership AdaniConneX will build their new Tier 4 data centre and Adani Logistics Indias leader in logistics will build their 534000 sqft fulfilment centre Thousands of new jobs in Mumbai tweeted Adani Group Chairman Gautam AdaniSpeaking on the strategic partnership between the two companies Karan Adani Chief Executive Officer of Adani Ports and Special Economic Zone APSEZ said I am delighted to see two of Indias fastestgrowing businesses come together to help build some of the most critical as well as stateoftheart infrastructure that our nation needs This is what Atmanirbharta should be all aboutThis broadranging partnership across our logistics and data centre businesses is a unique business model and we see this as a great opportunity to serve Flipkarts physical as well as digital infrastructure needs Flipkart has been instrumental in defining ecommerce adoption in India both through the value it creates and its constant technological innovation to serve its consumers We look forward to a long and fruitful partnership as we focus on learning from each other as well as leveraging our mutual strengths to prioritise consumers and development of Indias MSME ecosystem he addedKalyan Krishnamurthy Chief Executive Officer Flipkart Group said The Adani Group is unmatched in the way it has gone about building infrastructure across India What it brought to us was a unique combination of logistics real estate green energy and data centre infrastructure capabilities We are delighted to initiate our association with the Adani Group to strengthen our supply chain and technology infrastructureAt the Flipkart Group we are focused on ensuring that our customers get access to a wide range of products made available by sellers across the country as we continuously innovate to drive greater affordability Our logistics network and technology stack are instrumental in making this a reality These investments will help us strengthen our presence and capabilities in India to support MSMEs and sellers while also accelerating job creation and growth Krishnamurthy addedIn addition Flipkart will set up its third data centre at Adaniconnex Private Limited Chennai based facility leveraging AdaniConneXs worldclass expertise and industryleading data centre technology solutions Adaniconnex Private Limitedis a new Joint Venture formed between EdgeConneX and Adani Enterprises LimitedAs part of this partnership Adani Logistics Limited will construct a massive 534000 sq ft fulfilment centre in its upcoming logistics hub in Mumbai that will be leased to Flipkart to address the growing demand for ecommerce in Western India and support market access of several thousands of sellers and MSMEs in the regionLeveraging stateoftheart technologies the centre is expected to be operational in Q3 2022 and will have the capacity to house 10 million units of sellers inventory at any point In addition to strengthening Flipkarts supply chain infrastructure to support MSMEs and sellers the facility will enhance local employment and create 2500 direct jobs and thousands of indirect jobsThe other prong of the partnership will see Flipkart developing its third data centre at the AdaniConnecXfacility as a part of one of the largest private cloud deployments in the country thereby further strengthening its growing marketplace ecommerce business in India The data centre has been designed to meet the highest standards in reliability security and sustainability which will capitalise on the Adani Groups capability as the largest solar player in the country to generate and source green powerThe AdaniConneX data centre is a brandnew facility enabling Flipkart to design the data centre to its growing infrastructure needs with a significant focus on security and keeping data locally within IndiaThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever