US-based Qualcomm to set up $400-mn campus in Hyderabad

IANS
Sunday, October 7, 2018

Qualcomm will set up up a campus in Hyderabad at an investment of $400 million (about Rs 3,000 crore), which will be its largest facility outside of the United States, the Telangana state government announced on Saturday.

The phase-1 of the project will include a built-up space of 1.7 million sqft, housing about 10,000 employees.

Qualcomm hopes to start its work in 2019. Qualcomm already has a presence in India in Hyderabad, Bengaluru, and Chennai.

The delegates from the US-headquartered telecommunication equipment maker met the state's Minister for IT and Industries K.T. Rama Rao to discuss their growth plans in the city, according to a Ministry statement.

Qualcomm joins the elite list of companies that have their largest presence globally outside of their headquarters in Hyderabad, Rama Rao said in the statement.

"We have Apple, Amazon, Google, Microsoft, Facebook and now Qualcomm. This list will only increase as they are a few more in the pipeline that we are working actively with. This is indeed a big boost to the state of Telangana, as well as to the electronics, and semiconductors industry...," he said.

Express your comment on this article

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News
 

District 20 presents Free Explore Unexplored features of Facebook Webinar today, 17th Feb from 7:30 PM onwards. Topics ...

Family Entertainer and Thriller Hit Kannada movie ‘ANUKTHA’ – revolves around a crime investigation of a murder mystery setu...

ICS presents “Moh Moh Ke Dhaage” with a multi-instrumentalist, composer, producer, playback singer & rocking performer PAPON...

On 15 February 2019, Rupankar Bagchi, an accomplished and renowned singer from Bengal, India will present a concert with his...

It was in the words of Carl Sandburg, who had very aptly said: “Poetry is the journal of a sea animal living on land, wantin...