Amazon to expand Hyderabad facility with Rs.500 Crore
Amazon is going to invest Rs.500 crore in the next three years on the expansion of its facility in Hyderabad. Andhra Pradesh Government claimed that it is likely to provide employment to over 3,000 people.
John Schoettler, Vice-President, Amazon, is said to have met Ponnala Lakshmaiah, Minister for Information Technology, to discuss the expansion project and legal issues involved with regard to the land allotted to it for the proposed expansion. Amazon runs a variety of services out of Hyderabad to ensure smooth transactions. The teams that work out of this centre include Ordering Services, Enterprises Team, Global Financial Services and inventory management.
Ponnala Lakshmaiah said, "The State Government has allotted land to the company which came up with expansion plans. But a legal problem delayed the project. We hope that it will be resolved soon."
For More Details See
www.varindia.com