Amazon
just opened its biggest office building in the world in the Indian city of
Hyderabad.
The
online retail giant's new campus in the city's financial district opened on
Wednesday. It covers 9.5 acres and has 1.8 million square feet of office space,
making it "Amazon's single largest building in the world in terms of total
area," according to the company.
The
building can accommodate up to 15,000 employees, nearly a quarter of Amazon's
full-time India workforce of more than 62,000. The company also has 155,000
contract workers in the country, making India its biggest base outside the
United States.
Office Space enough to accommodate up to 15,000 employees |
The
Hyderabad campus is the first office outside the United States that Amazon
fully owns.
Amazon
(AMZN) has poured billions of dollars into its India business in recent years.
It is expanding its operations and reportedly looking for stakes in local
retailers as it battles Walmart for an e-commerce market that Morgan Stanley
estimates will be worth $200 billion by 2027.
"This
new Amazon campus building is a tangible commitment to that long-term thinking
and our plans for India," Amit Agarwal, the company's India head, said in
a statement.
"This
is Day One for us in India, and we look forward to creating an environment
where diverse contributions are welcomed and innovation encouraged for the long
term," John Schoettler, Amazon's vice president of global real estate and
facilities, said in a statement.
The
new Hyderabad campus will eventually be expanded to cover 68 acres — roughly
the equivalent of 65 football fields, Amazon said. The tech city was Amazon's
first point of entry into India in 2004. It is also home to other big global
names, including Microsoft's (MSFT) India headquarters and Ikea's first India
store.
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