After expressing strong intentions to invest more in India, the world’s largest e-commerce platform Amazon, has stood by its word, and unveiled its first-owned office property in Hyderabad. It is said that the new facility in the country will be the largest of all.
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The campus is spread across 9.5 acres and located in Nanakramguda, Hyderabad’s financial district near Hi-Tech City. It will house over 15,000 employees out of its 63,000 workforce in the country. It is the largest tech base outside the USA that houses 1.5 million contract employees.
While, Amit Agarwal, head of Amazon India said that the facility shows Amazon’s tangible commitment to long-term plan for India.
“It is actually a symbol of commitment going forward as we grow in India to continue hiring talent to attract great builders for our customers,” Aggarwal added.
Amazon is an American multinational technology company, based out of Seattle that focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. It was founded in 1994 by Jeff Bezos.
John Schoettler, Vice President of Global Real Estate and Facilities of Amazon, said, “the company’s goal was to set up a workplace that would enable the employees to passionately serve customers.”
He added by saying that the flexible workspaces and collaboration are the key attributes of Amazon’s work culture.
As per the company, the move is a part of Amazon’s expansion plain in India. It also claims that the plan has so far, been resilient to the economic slowdown as far as its business is concerned.
“One thing to keep in mind is that e-commerce is a very, very small portion of total retail consumption in India, probably less than 3 per cent. So, when you are that small, there is so much room to grow that I think it would be many years before macro conditions like that seriously impact ecommerce growth,” Agarwal further said.
Adding on, over the last five years, Amazon has set up 30 office spaces, Amazon Web Services (AWS), Asia-Pacific (APAC) region in Mumbai.
It has also added 50 fulfilment centers in 13 states, hundreds of delivery stations and sort centres, creating more than 2 Mn jobs in India.
Some of the ace players in the e-commerce industry include Flipkart, Myntra, Jabong, Alibaba, shopclues, and many more.
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