Online marketplace Flipkart will invest a “couple of billion dollars” in the next few years on beefing up its logistics network as part of efforts to strengthen its position in the booming e-commerce industry.
Flipkart, which competes with Snapdeal and Amazon besides other smaller players, opened its largest warehouse in Telangana.
It plans expanding its network of warehouses across the country to speed up delivery of goods to consumers and will pump in $500 million over the next 4-5 years.
