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Global E-commerce Giant Amazon Opened Its Largest Campus in Hyderabad

Amazon unveils its largest campus in Hyderabad

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Siddharth Nambiar, Director of Category Management, Amazon India said: "Now, customers can order the freshest fruits and vegetables as well as everyday grocery and get it within 2 hours. Pixabay

Global e-commerce giant Amazon opened its largest and first campus outside the US, here on Wednesday.

The 9.5-acre campus, located in Nanakramguda, will house over 15,000 employees. Amazon has 62,000 employees in India. With 1.8 million sq feet office space built over 3 million sq ft area, it’s Amazon’s single largest building in the world in terms of area.

It was inaugurated by Telangana Home Minister Mohammed Mahmood Ali, Amazon Vice-President Global Real Estate and Facilities Director John Schoettler and Amazon-India Senior Vice-President and Country Manager Amit Agarwal.

“Over the last 15 years we have invested significantly in India across 30 office spaces, the AWS APAC region in Mumbai, 50 fulfilment centres in 13 states as well as hundreds of delivery and sorting centres, creating nearly 200,000 jobs,” said Agarwal.

The facility will have the largest employee base outside the US.

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The facility will have the largest employee base outside the US. Pixabay

Schoettler said the campus was built in three years. It has interfaith prayer rooms, mother’s room, quiet rooms, showers, helipad and an all-day open cafeteria. It’s designed to facilitate inclusion and diversity, he added.

Also Read: Several 10th Gen Mobile PC Chips Unveiled by Intel

Amazon has its largest India fulfilment centre in Hyderabad. Spread over 400,000 sq ft, it’s located near the Rajiv Gandhi International Airport. The company plans to expand it to 580,000 sq ft by next year.

Amazon now has 4 million sq ft office space at eight centres in Hyderabad, excluding the fulfilment centre. (IANS)

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Festival Sales by Amazon, Flipkart Violating FDI Norms

“Such festive sales offering deep discounts are nothing but influencing the prices directly or indirectly which is a clear violation of the policy,” it said

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The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

Reiterating its demand for ban on festival sales by Amazon and Flipkart, the Confederation of All India Traders (CAIT) on Tuesday said that the two e-commerce majors are flouting the norms for foreign direct investment (FDI) by carrying out festival sales.

The traders’ body urged the Commerce Minister to look into the violation of the FDI policy by these e-commerce companies and impose a ban on the declared festival sales. It also urged the government to institute an investigation into the business models of these companies.

“Holding such sales and offering deep discounts are clear violations of Press Note No.2 of FDI policy 2018. The CAIT has earlier written to Union Commerce Minister Piyush Goyal to ban the declared festival sales by these e-commerce portals,” a CAIT statement said.

“CAIT Secretary General Praveen Khandelwal strongly opposed the statements of Amazon and Flipkart that appeared in media couple of days back that they empower the sellers on their respective platforms to decide the prices and offer their choice of selection to customers at the prices they deem fit and offer best value of their products to consumers.

“The said statement of both the companies are devoid of any logic and just an eye wash to keep right the wrong practices they are conducting on their platform,” it said.

Flipkart Buys Back Shares Worth $350 mn.
New e-commerce norms to impact e-tailers: Flipkart. IANS

Khandelwal also said that these companies are indulging in blatant violation of the FDI policy of the Centre. CAIT noted that the key provisions of the FDI policy say that 100 per cent FDI is allowed in the e-commerce marketplace model and under which e-commerce companies can act only act as technical platforms.

The policy clearly says that e-commerce entities will not influence the prices directly or indirectly and shall maintain a level playing field, the statement said.

Also Read: Reliance Jio to be Among Top 100 Brands in 3 Years: Report

“Since these e-commerce companies are not owners of the inventory how can they offer deep discounts on the inventory hold by the sellers registered on their platform. As per policy, it should be the seller offering discounts but in this case the discounts are offered by e-commerce companies which is again a violation of e-commerce policy.

“Such festive sales offering deep discounts are nothing but influencing the prices directly or indirectly which is a clear violation of the policy,” it said. (IANS)