Residence Change: Key Action in Aligning Closely with India’s Eco-Governing Landscape – Flipkart CEO
New Delhi, May 26 (PTI) – In an address to employees on Monday, Flipkart Chief Executive Officer Kalyan Krishnamurthy emphasized the firm’s growth momentum and future readiness focus. He described the significant step of relocating Flipkart’s domicile to India as aligning more closely with the economic and regulatory landscape. At an internal event, Krishnamurthy highlighted a 6-fold increase in AI investments this year. He mentioned a renewed focus on client centricity and productivity.
Strategic Focus and Leadership
Key senior leaders, including Seema Nair (SVP and CHRO), Hemant Badri (Elder Vice President and Head of Supply Chain), and Ramesh Gururaja (Elder Vice President, Consumer Shopping Experience), emphasized the organization’s strategic momentum in talent acquisition, leadership development, business expansion, technology, and customer-centric initiatives.
Market Performance and Future Plans
Flipkart is experiencing strong growth in customer acquisitions and orders, targeting a 30% increase by June. The company remains focused on innovation, customer experience, and expanding market segments. Krishnamurthy underlined the significance of moving Flipkart’s legal residence to India as a strategic alignment with the country’s economic and regulatory environment.
Future Readiness and Development
Seema Nair, CHRO of Flipkart Group, highlighted the leadership’s focus on developing next-generation leaders and leveraging ecommerce opportunities through talent development and AI integration. The organization aims to empower all employees with advanced AI tools and drive India’s digital retail ecosystem forward.
