Published On:August 14 2014
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E-commerce major Amazon to build facility in Hyderabad.
Global e-commerce major Amazon has said it will build a 1.6-million square feet centre in Hyderabad for its biggest facility outside of its corporate headquarters in Seattle.
The move comes two weeks after its Chief Executive Officer Jeff Bezos announced investment of $2 billion in India.
The Hyderabad facility, which is expected to come up on 10 acres at Gachibowli (which has IT giants like Microsoft and CA Tech), will house 12,500 employees and be ready by 2018. The company, with offices in nearby Madhapur, is currently applying for statutory permissions such as fire and environmental clearances to begin work on the project.
'We are waiting for statutory permissions. The moment we receive them we will begin work. We hope to complete the project by 2018. It will be taken up in phases,' John Schoettler, Director (Global - Real Estate and Facilities) of Amazon, who led a delegation which met Telangana IT Minister K Taraka Rama Rao, told BusinessLine.
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