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Making all efforts to make Telangana investor friendly state: Telangana Chief Minister

The MoU was signed in the presence of Telangana Chief Secretary Mr. Rajiv Sharma and IT Minister Mr. KT Rama Rao on 8.4.2015.

Hyderabad (GR-TYP-BIN): Welcoming the investments in the state, the Chief Minister, Mr. K Chandrashekar Rao said, “We are very excited that Amazon has decided to invest their biggest Warehouse in Telangana. For Amazon, we have given all clearances in 11 days, well within the guaranteed time. We are making all efforts to make Telangana an investor friendly state.” ASSPL also signed a Memorandum of Understanding (MOU) with the Telangana State Government to train thousands of sellers across the state in ecommerce and take advantage of the digital economy.

Amazon Seller Services Pvt Ltd (ASSPL) announced fresh investments in the state of Telangana with the opening of Fulfilment Centre (FC) on April 8, spread over 280,000 square feet near Kottur, on the outskirts of Hyderabad. The FC will be operational from May 2015.

Under the MOU, Amazon India will offer trainings to SMEs through seminars, workshops, video aids and ready reckoners on how to list & manage inventory for an ecommerce business. The MoU was signed in the presence of Telangana Chief Secretary Mr. Rajiv Sharma and IT Minister Mr. KT Rama Rao.

Speaking on the occasion Mr. Dave Clark, Senior Vice President Worldwide Operations and Customer Service at Amazon said, “Telangana has been home to our IT operations in India. It is the ease of doing business in the state.

The IT Minister, Mr. KT Rama Rao said, “Hyderabad, being centrally located has a geographical advantage, making it an ideal logistics hub. It amplifies their reach at very low operating costs and gives them a level playing field with the big sellers. We also want more and more sellers across the state to adopt the tools of the new age economy and the trainings that Amazon will provide will be good start to that.”

Mr. Amit Agarwal, VP and Country Manager, Amazon India added “We are committed to and look forward to partnering with the state government in transforming the lives of small and medium businesses across the state by giving them access to tools and technology that will empower their growth in the digital economy.

(Source: PIB/GR/TYP/BIN/USPA/WN)

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