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Amazon is also in the process of building a retail hub of operations center in Nashville, Tennessee. On August 21, 2019, Amazon opened its largest campus in the world at Nanakramguda in Hyderabad, India. It is the first Amazon-owned campus located outside the United States and features the single largest Amazon-owned building in the world.
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TCI bought a 20% stake in PFSweb, and PFSweb provided its services to TCI customers. The company expanded internationally in 2015 by opening offices in Germany and the U.K. as well as expanding operations in Bangalore, India. In 2018, the company expanded its U.K. operation with a new logistics center.
Bank of India acquired 5.56% stake by investing ₹10 crore. As of July 2022, more than 20 organisations have committed investment ₹ 255 crore (US$31 million) into the project such as UCO Bank, HDFC Bank. Bank of Baroda etc. HDFC Bank acquired 7.84% stake of ONDC.
The consumer electronics and appliance industry in India, which was valued at $9.7 billion in 2014, is expected to increase at a compound annual growth rate of 13.4% to reach $20.6 billion by 2020. Set-top boxes are expected to increase at the quickest rate among consumer electronics, with Y-o-Y growth of 28.8% forecast between 2014 and 2020.
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