Flipkart arm to invest USD130 mn in West Bengal logistics hub

Source: Economic Times, Thursday, Oct 11, 2018

Walmart owned Flipkart’s logistics arm, Instakart, will set up a logistics hub in West Bengal, India. The proposed hub, with an investment of around INR99.1 mn (USD130 mn), will begin operations within the next two and a half years. Instakart has already received the approval from the local authority and is just awaiting the final approval from the state government.