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The Telangana delegation, led by IT and Industries Minister D Sridhar Babu, engaged with senior leaders from Amazon, including Kerry Person, vice president, AWS Data Centre (planning and delivery), to strengthen the company’s operations in the region. This expansion is expected to reinforce Telangana’s status as a premier hub for cloud and data centre infrastructure in India. As AWS continues to grow its cloud services in the region, the state is likely to play a pivotal role in advancing India’s digital economy goals. Amazon already has a notable presence in Telangana, highlighted by its largest corporate building, globally, located in Hyderabad, and the launch of its dedicated air cargo network, ‘Amazon Air,’ in 2023. The city has also been designated as a strategic region for Amazon Web...
Foxconn increased its workforce by 50,000 workers in the last two weeks
Schindler, a Swiss elevator manufacturer, intends to increase its workforce in India from 6,000 to 10,000 employees, aligning itself with the size of its workforce in China. To support this expansion, the company may establish more training centers in addition to the three it currently operates in India. Schindler’s move is driven by India’s rapid urbanization and growing middle class, which create favorable conditions for elevator manufacturers. This demonstrates the company’s confidence in the sustained market growth in India. Additionally, Schindler’s focus on India reflects a broader trend of companies redirecting their attention to stable and promising regions due to economic challenges in China. Schindler, founded in Switzerland in 1874, is renowned for its in...