The
Andhra Pradesh (AP) government has revealed that
Amazon is planning a ₹ 500 crore ($100 million) investment in the expansion of its Development Center
in Hyderabad and looking to hire 3,000 more people, according to a report by AlooTechie.
Amazon’s vice-president John Schoettler and
Ponnala Lakshmaiah, minister for information technology in AP, met to discuss the various legal issues involved with the allotment of land for the expansion of Amazon’s offices, which currently employs about 3,300 people in a 200,000 square feet complex.
It’s no secret that the
AP government is thrilled to have Amazon running its enterprises team, financial and ordering services and inventory management out of the state’s capital, as it actively encourages multinational technology companies to expand operations there.
Facebook, in particular, has benefited from the state’s support and recently completed its first successful year of operations in Hyderabad.
The operations back-end is not the only thing on Amazon’s expansion agenda for
India, as the e-commerce company is reportedly planning to get into online retail in India in the first quarter of 2012. The company currently has stores in Canada, China, France, Germany, Italy, Japan, Spain, the
United Kingdom and the
United States of America.
Speaking of giant retailers running e-commerce operations out of India, the world’s largest retailer Walmart announced plans to bring its
@WalmartLabs initiative to India with the opening of an innovation lab in
Bengaluru, its first outside the USA. The hiring has already begun and the company hopes to kick off operations soon with 100 employees onboard.