Amazon inaugurates its world largest campus in Hyderabad, can accommodate 15,000 employees
Hyderabad, Aug 21: US-based e-commerce giant Amazon on Wednesday inaugurated its new campus here - its largest facility globally - that will house 15,000 of its employees in India.
The campus building contains over 2.5 times more steel than the Eiffel Tower, measured by weight, and is spread over 9.5 acres of land.
With 15,000 work points across 1.8 million sq ft in office space, built on 3 million sq ft of construction area - this is Amazon's single largest building in the world in terms of total area, said Amazon Vice President of Global Real Estate and Facilities John Schoettler.
"We have eight buildings in Hyderabad with 4 million sq ft of office space. We are going to be migrating some of the employees out of some of those facilities (to the new campus). So far as of today, we moved around 4,500 to the (new campus). The building can hold - at any given point of time - 15,000 people," he told reporters here.
This is the only Amazon-owned campus outside the US. The move strengthens Amazon's focus on talent in India, where the company has over 62,000 full-time employees.
"It (Hyderabad campus) is also the largest technology base outside Seattle (Amazon's headquarters). The employees (in Hyderabad) include software development engineers, machine learning scientists, product managers, finance and many other functions," Amazon India Senior VP and Country Manager Amit Agarwal said.
Amazon had laid the foundation stone for the campus building on March 30, 2016. An average of 2,000 workers were on the site every day for 39 months to construct the building, spending 18 million man-hours.
The company, which is locked in an intense battle for market leadership in India with Walmart-owned Flipkart, has also focussed on sustainability while designing the new facility.
The campus has more than 300 trees dotting its grounds with three specimen trees aged over 200 years and has an 850,000-litre water recycling plant, Schoettler said.
Amazon has three fulfilment centres in Telangana offering more than 3.2 million cubic feet of storage space to sellers, two sort centres with one lakh sq ft of processing capacity and 90 delivery stations, a statement said.
Emphasising the company's commitment to the Indian market, Agarwal said it has already announced USD 5 billion investments in India, and another USD 500 million in food and retail.
"We continue to invest across all over businesses," he added.
He said the company has not seen a slowdown in its business in India.
"As far as our services go, we don't see any slowdown. There could be multiple reasons. I think one thing to keep in mind is that e-commerce is very, very small...it is probably just 3 per cent (of total retail). When you are that small, there is so much room to grow," he said.
Agarwal said the company had launched its Global Selling programme in India a few years ago that allows small and medium businesses in the country to sell to customers in other countries.
"What we have seen is while we have 500,000 sellers in the marketplace selling nationally, for exports already we have 50,000 signed up. We have 140 million items that are available on Amazon.com in the global marketplaces. The cumulative exports so far since launch has crossed USD 1 billion and in the next three years, it is expected to go 5 times to USD 5 billion," he said.
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Iran attacks oil tanker near Dubai; Trump warns of strikes on energy sites if Hormuz remains shut
Tel Aviv/Washington: Iran attacked and set ablaze a fully loaded crude oil tanker off Dubai on Monday after US President Donald Trump warned that Washington would target Iran’s energy infrastructure if the Strait of Hormuz is not reopened.
According to a Reuters report, the Kuwait-flagged tanker Al-Salmi is owned by Kuwait Petroleum Corporation and was capable of carrying around 2 million barrels of crude. . It was struck in what authorities later described as a drone attack. The company said the incident occurred early Tuesday, causing a fire and hull damage. No injuries were reported and the fire was brought under control, Dubai authorities said .
Oil prices rose briefly following the attack and added to volatility in global energy markets. In the United States, retail gasoline prices crossed $4 per gallon for the first time in more than three years, according to data from GasBuddy, as crude prices moved above $101 per barrel.
Israel said it carried out missile strikes on military infrastructure in Tehran and on sites linked to Iran-backed Hezbollah in Beirut. Explosions were reported in parts of Tehran, with Iran’s Tasnim news agency saying power outages occurred in the eastern Pirouzi district following the blasts.
The Israel Defense Forces said four soldiers were killed in southern Lebanon. In recent days, three peacekeepers serving with the United Nations Interim Force in Lebanon were also killed in separate incidents in the same area.
Iran’s military spokesperson said Tehran’s latest wave of missile and drone strikes targeted US military positions at five bases in the region and sites in Israel. Thousands of troops from the US Army’s 82nd Airborne Division have begun arriving in the Middle East, according to US officials, expanding Washington’s military options even as diplomatic efforts continue.
White House Press Secretary Karoline Leavitt told Reuters Trump wants an agreement with Iranian leaders before a revised April 6 deadline for reopening the Strait of Hormuz, adding that talks were progressing, while public statements from Tehran differed from private communications.
Iran’s Foreign Ministry spokesperson Esmaeil Baghaei said proposals received through intermediaries were “unrealistic” and maintained that Iran was focused on defending itself.
In a social media post, Trump said that if a deal is not reached soon and the strait is not reopened, the US would strike Iran’s electric generating plants, oil wells and Kharg Island. However, a report in The Wall Street Journal said Trump had told aides he may be willing to end the military campaign even if the strait remains largely closed and address reopening it later. The White House referred to earlier remarks by Secretary of State Marco Rubio that the strait would be opened “one way or another.”
The administration has also requested an additional $200 billion in funding for the conflict, a proposal that faces opposition in the US Congress.
