Google, Amazon To Go Ahead With Expansion Plans In Hyderabad


The online retail giant plans to build a 1.6 million square feet facility, which will be its biggest facility outside its corporate headquarters in the US.

Amazon currently employs 4,000 people at its campus in the leased premises and intends to add 5,000 jobs at the proposed campus, which is expected to be completed by 2018.

Rao said HSBC was also working on plans for massive expansion in Hyderabad.

India's biggest IT services firm Tata Consultancy Service (TCS) is also expanding its presence in Hyderabad by building a new facility at Adibatla. This will provide 28,000 new jobs in three to five years. TCS already employs 26,000 people at four facilities in the city.

Rao said the government planned to develop Hyderabad as the topnotch IT destination in the country. It is working to develop small IT clusters around the city.

On Information Technology Investment Region (ITIR), which the central government already sanctioned for Hyderabad, he said he would meet union Communications and Information Technology Minister Ravi Shankar Prasad on Sep 15 to get clarity.

He said the mega project was estimated to bring an investment of over 2 lakh crore in 15 to 20 years. It is expected to provide 15 lakh direct and 35 lakh indirect employment.

The government is also drawing plans to take the IT growth to tier-II cities like Warangal and Karimnagar.

Also Read:
CCRA Certification To India Will Boost Digital Agenda: Deity
Microsoft Unveils First Look Of New MSN In India

Source: IANS