
Amazon India moving headquarters in BLR to save costs
Amazon's new office in Sattva, a 15-minute drive from the airport on the city's outskirts, is expected to cost less than a third of the nearly ₹250 per sq. ft. of rent the company currently pays.
Source: Hindustan Times, Hindustan Times
Good. Calling Bengaluru the tech hub when it's just only a few districts which house the most tech parks and companies is misleading. Better to spread it out, especially letting the rapacious landlords suffer for the same.
For similar reasons, even Amex built their new main building closer to Manesar within NCR
Now that area will start seeing increase in cost 🤣
Amazon's new office in Sattva, a 15-minute drive from the airport on the city's outskirts, is expected to cost less than a third of the nearly ₹250 per sq. ft. of rent the company currently pays.
Hyderabad in the early 90s was a prime spot for software engineers, some of them who went to the US to establish businesses there, successfully.
Of late, the switch has turned and companies now prefer Hyderabad for its affordability and...
What do you think, most companies are directly setting shops (GCCs) here. Will it lead to degrowth of the industry?