India’s largest e-commerce retailer, Flipkart has recently shown interest in acquiring a vast space of land in an upcoming logistics park in Andhra Pradesh, said the chairman of port firm Visakhapatnam Port Trust, which would build the facility at an investment of about Rs.600 crore.
Right in the time, when the tax disputes between the neighboring states Telangana and Karnataka has knocked the other e-commerce companies. The other companies have been sent notices on under value added tax rules by the local government authorities.
Krishna Babu said the Andhra Pradesh government has given the responsibility of building the logistics park at Anakapalli, close to the port city of Visakhapatnam to the port trust. The facility, similar to the other logistics park at Bhiwandi in Maharashtra, will be built over 500 acres. The logistics park on India’s East Coast is part of the Andra’s initiative to rise as a gateway to Southeast economies by taking advantage of the state’s vast coastline and scope of building 13 seaports.
Babu said VPT hope Flipkart to either become an anchor client or one of the large clients of the facility. It has to be noted the South Korean electronics giant Samsung is the anchor client at the Bhiwandi logistics park.
Flipkart refused to comment and remained silent when asked if it is considering the proposed warehousing facility. Babu said that the port company is soon to prepare a detailed design and road map with the help of a consultancy firm for attracting new customers.
The logistics park, when completed is expected to serve customers in at least nearby seven states within 500 kms radius and will have potential to offer some 50,000 job directly and indirectly.