Ekart has launched B2B air and surface transportation solutions for businesses in India.
The Flipkart Group-owned supply chain network can now move goods throughout India for brands, manufacturers and retailers, using 21 airports and a fleet of over 7,000 trucks, Ekart said in a Monday (July 3) press release.
“The launch of our transformative B2B transportation solutions underscores our commitment to provide avenues that address issues such as numerous intermediaries, delivery delays, consignment damage and shipping visibility by leveraging Ekart’s supply chain expertise, extensive logistics network and cutting-edge technology,” Ekart Chief Business Officer Mani Bhushan said in the release. “Our Air Express Option will ensure swift and reliable movement of critical shipments nationwide.”
With this new offering, Ekart can meet companies’ end-to-end logistical requirements with a first-mile, mid-mile and last-mile fleet and an air express option, according to the press release.
The transportation solution offers businesses on-demand and reliable placement, an assured delivery schedule and a national compliant network, the release said.
The new offering joins Ekart’s existing lineup of supply chain and inventory management solutions that include fulfillment and sortation centers and delivery hubs, per the release.
“With our deep understanding of the value chain, we not only simplify B2B transportation for businesses but also empower them to focus on their core strengths, contributing to the larger economy,” Bhushan said in the release.
Flipkart, the Walmart-owned Indian eCommerce platform, could be a $100 billion business in the future, Walmart Chief Financial Officer John David Rainey said in June, Reuters reported June 14.
Walmart leads its rival Amazon in eCommerce sales in India thanks to the performance of Flipkart, which commands a 48% share of the market, according to the report.
Ekart, which is a subsidiary of Flipkart, has been courier delivery services company before adding its new air and surface transportation solutions.
Amid its increasing competition with Walmart, Amazon intends to invest $26 billion in India by 2030.
The company announced the investment after Amazon CEO Andy Jassy met with Indian Prime Minister Narendra Modi during his visit to the United States, Reuters reported June 24.
Amazon announced earlier that Amazon Web Services was investing $12.9 billion in the country and that it was making a $6.5 billion investment to boost its Indian eCommerce business.
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