E-commerce giant Flipkart is all set to invest Rs 5,000 crore in logistics parks across the country, reported Business Standard, adding that the firm is acquiring 300 acres land in Karnataka, Gurugram and West Bengal for the purpose of setting up the logistics park.

The company aims to tap on the future e-commerce wave in the country and the plan could create approximately 50,000 new job opportunities in the country, the report added.

Flipkart is sourcing land privately in Bengaluru and has identified four sites, according to Business Standard. In West Bengal, construction is expected to start soon and In Gurugram, land has already been identified for the purpose, it added.

The parks, the report said, will be a fully integrated facility that will include Flipkart warehouses and mechanised warehousing that will improve supply-chain efficiency, and reduce costs. The report added that ‘they will act as freight aggregation and distribution hub, and leverage technology for intelligent transport systems.’