2025 Jun 9, 15:41
Adani Total Gas Limited (AGTL) has signed a Memorandum of Understanding (MoU) with Walmart-owned e-commerce company Flipkart to reduce carbon emissions in their logistics operations. The partnership aims to decarbonize the e-commerce logistics segment, which handles over 8 million shipments per day. As part of the agreement, Adani TotalEnergies E-Mobility Limited (ATEL), a subsidiary of AGTL, will install EV charging infrastructure across Flipkart's supply chain in India, including warehouses and logistics locations. This move will support Flipkart's transition to cleaner fuel options, such as natural gas, and the adoption of electric vehicles. The collaboration between ATGL and Flipkart aims to address the carbon footprint associated with the movement of goods between sourcing locations, warehouses, and customers
By reducing carbon emissions in their primary, secondary, and tertiary logistics operations, both companies are working towards a more sustainable future. The e-commerce logistics segment is expected to experience further growth, necessitating innovative solutions to reduce its environmental impact. Hemant Badri, SVP and head of supply chain, customer experience, and re-commerce at Flipkart Group, emphasized the company's commitment to sustainability and its efforts to integrate cleaner energy solutions and electric vehicles into its logistics operations. Flipkart believes that this partnership with ATGL will support its net-zero goals and accelerate the electrification of its fleet, which aligns with its broader sustainability vision. This collaboration marks the second deal signed by ATEL in 2023. The company previously partnered with electric cab aggregator Evera to establish an EV charging super hub in New Delhi, featuring 200 charging points
Additionally, the two companies plan to set up AC and DC charging stations along major highways, workplaces, and other locations. The announcement of the MoU follows reports of Flipkart's plans to raise $1 billion in funding, with a $600 million commitment from Walmart. This funding round is expected to involve new investors as well as existing stakeholders. The partnership with ATGL demonstrates Flipkart's dedication to pursuing environmentally friendly initiatives and reducing its carbon footprint in the e-commerce sector.