Amazon leases 5.6 lakh sq ft warehousing space in Hooghly
E-commerce major Amazon has picked up over 559,000 sq ft of space at a fulfillment center in West Bengal's Hooghly. The firm has signed a long-term lease spanning over 20 years. Over the lease period, the firm would pay Rs 430 crore in rentals.
This comes as Amazon's focus is on expanding its logistics capacity in key markets due to rising e-commerce demand.
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