Move meant to accelerate product rollouts and enter growth markets in Europe, Americas and Asia-Pacific
Google Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN) are scaling up their operations in India to take advantage of the available opportunities. For this, both companies chose Hyderabad, a city in the Southern part of India, to expand their presence. The government is encouraging digital communications and leading the way moving towards it. The economy also provides sufficient room for the two companies to grow.
Greyhound Research recently conducted a survey of manufacturers in India.
Key Highlights of the study were:
- 75% of Manufacturing organisations in India are still grappling with Manufacturing 1.0 and 2.0 stages
- 25% Manufacturing organisations in India are planning or executing components of Manufacturing 3.0
- No Manufacturing organizations in India are planning for organisations 4.0 or 5.0
Google revealed about building its largest campus in Hyderabad instead of U.S. the search giant’s largest site would spread on an area of 2m square feet and expects to accommodate 13,000 workers. This centre in India is estimated to be complete by 2019, reports Business Insider.
Online retailer Amazon and Global search engine Google are betting big on the Indian online market.Besides, they are interested in setting up their centers in India, which has a unique market with internet user growth. The companies will generate more employment and change the course for the internet multinationals in the country.