The US-based XPDEL plans to invest around Rs 370 crore in the coming five years in supply chain logistics. 

E-commerce fulfillment center network XPDEL announced the launch of its operations in India. The US-based XPDEL plans to invest around Rs 370 crore in the coming five years in supply chain logistics.

Currently, it has plans to start its operations in three major markets of Mumbai, Delhi NCR, and Bengaluru. Plans are to offer a range of technology solutions for the e-commerce market. The company plans to invest USD 50 million over the next five years in supply chain logistics and technology with partners. The company also plans to expand to 20 markets by the end of 2023. By 2022, XPDEL aims to launch its operations in Europe and Canada.

XPDEL

The company has already tied up with real estate partners for its operations and to ultimately support business expansion.

XPDEL is currently looking at nano fulfillment centers, which will be in close proximity to the customers neighborhoods for quick delivery. Products from different places are kept in bigger facilities of micros. The company has already tied up with real estate partners for its operations and to ultimately support business expansion.

India’s e-commerce sector is predicted to reach $ 111.40 billion by 2025 from $ 46.20 billion in 2020, with a surge in annual growth of 19.24 per cent. Grocery is expected to be one of the key pillars of growth and it is predicted to reach $18.2 billion in 2024 from $1.9 billion in 2019, reaching at a CAGR (compound annual growth rate) of 57 per cent. XPDEL says with its sharp focus on speedy deliveries, it will play a critical role in supporting the growth of the e-commerce business in India.

CAGR

XPDEL says with its sharp focus on speedy deliveries, it will play a critical role in supporting the growth of the e-commerce business in  India. 

The company claims to have built and tested solutions in the US. India is the fastest-growing e-commerce segment, XPDEL is looking at the end-to-end supply chain. XPDEL mission is to help small and medium businesses to achieve their goals, a company statement said.

The company aims to set up 20 micro fulfillment centers in two years, which will have a footprint in the range of 10,000-75,000 square feet. Ashish Chadha, co-founder, and Chief Executive Officer of XPDEL-APAC said that the company is looking at models for setting up nano-fulfillment centers which will have an area of 2,000-5,000 square feet. XPDEL allows businesses to sell through retail and multiple marketplaces by providing multi-channel fulfillment and logistics services.

World

XPDEL allows businesses to sell through retail and multiple marketplaces by providing multi-channel fulfillment and logistics services.

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