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Flipkart says to invest more than $500 mln in nationwide fulfilment network

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Reuters MUMBAI

MUMBAI (Reuters) - Flipkart, India's biggest online marketplace, said it would invest more than $500 million in fulfillment centres across the country and was in talks with state governments.

"Flipkart is investing in fortifying logistical abilities by leveraging capabilities such as automation and many innovative devices," Chief Opereating Officer Binny Bansal said in a statement.

(Reporting by Nivedita Bhattacharjee in Mumbai; Editing by Sunil Nair)

 

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First Published: Oct 30 2015 | 5:21 PM IST

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