Flipkart sets up warehouse in Kolkataby Team Goelji on November 18, 2010
Flipkart.com, India’s largest online bookstore founded by two former colleagues at Amazon.com has set up a facility of 12,000 sq ft in Kolkata to tap into the eastern India market with an inventory size of 2 lakh SKUs. Flipkart currently has offices in Bangalore, Delhi and Mumbai. The online book store that started in 2007, have current sales volume close to Rs 20 crore and is confident of notching up a Rs 100 crore sales revenue in the next one year. It expects the larger part of its incremental revenue to come from the sale of regional language books and hence the move to the eastern India market.
With new warehouse Flipkart targets to bring down the average time of delivery to less than two days, same that Flipkart does across metros in India. Setting up regional infrastructure also gives Flipkart an advantage to serve customers better who reside in the remote located towns of eastern India, the part where it is tough to find variety in books, mobiles, music and movies.