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Posted on: April 24, 2019, 10:01 a.m.
The logistic parks will act as freight aggregation and distribution hub, and leverage technology for an intelligent transport system. : In a bid to gear up for the next wave of e-commerce opportunity in India, Flipkart is acquiring around 300 acres of land in Karnataka, Haryana and West Bengal to set up logistics parks. Walmart-owned Flipkart is expected to invest Rs 5,000 crore which in turn would generate around 50,000 direct and indirect jobs. Full investment news articleRelevent to this post: Morgan Stanley,