India's huge market potential and wide human resource base are attracting many multinational companies from around the world to make huge investment in India.
The Indian Government by way of its open policies for business development has been an enabler for investments from multinational companies like
Facebook, Google, IKEA, Microsoft, Apple and Amazon among others. Particularly, the southern metropolis, Hyderabad and Bangaluru, are turning out to be hubs for these international companies.
Hyderabad has emerged as one of the technology and financial centers of India.
As the fifth largest economy in the world, currently India has fastest growing market for internet users and attracting more and more MNCs to invest.
The young talent within India is giving a fillip to the technology space in the country on a year on year basis.
Increasing its investment, Amazon, the multinational giant, builds its the largest office in Hyderabad city in Telangana. With this, the MNC not only signals its growth in India but also reflects on its future plans.
AIR correspondent reports, the Hyderabad office is Amazon's latest development and its largest office building in the world.
It will have a total size of 1.8 million square feet and will be 15 story-high.
With features like 24/7 on-campus cafeteria, dedicated prayer room, synthetic cricket pitch, Amazon is bringing in innovative standards to India's working space.
An impressive 15 thousand people are expected to work in this venture.
India's e-commerce industry, though is still in its infancy with nearly 120
million on-line shoppers, has tremendous potential for growth owing to its 1.3 billion population.
Sensing the great potential of India, another MNC, IKEA, a Swedish furniture Joint, had already opened its largest store in India in Hyderabad city and planning to expand its base in other metro cities.
The economic policies of the Indian Government coupled with stable and huge and unexploited consumer base for trade is very lucrative for these MNCs to invest in the country.
