- E-commerce company Amazon has announced to open its largest fulfilment centre in Hyderabad.
- It is located at Rajeev Gandhi International Airport and covers 400,000 sq. ft. of the area.
- It will have the storage capacity of 3.3 million cubic feet.
- It will enable sellers to use local infrastructure, save capital and help them grow their businesses
About Amazon
- Amazon is an American electronic commerce and cloud computing company.
- It is based in Seattle, Washington.
- It was founded by Jeff Bezos on July 5, 1994.
- It is the largest Internet-based retailer in the world by total sales and market capitalization.
- It is the fourth most valuable public company in the world,
- It is the largest Internet company by revenue in the world
- It is eighth largest employer in the United States.
- In 2017, Amazon announced to acquire Whole Foods Market by the end of the year, which would increase Amazon's presence as a physical retailer.
