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Qualcomm will set up a campus in Hyderabad at an investment of around Rs 3,000 crore (Reuters)
Qualcomm will set up a campus in Hyderabad at an investment of about Rs 3,000 crore ($ 400 million), which will be its largest facility outside the United States, the Telangana state government announced on Saturday.
The phase-1 of the project will include a 1.7 million sqft, housing about 10,000 employees.
Qualcomm has a presence in Hyderabad, Bengaluru, and Chennai.
The delegates from the US-headquarter telecommunication equipment maker set the state's Ministry of Information Technology and Industry KT Rama Rao to discuss their growth plans in the city, according to a Ministry statement.
Qualcomm is leading the world in a new generation of intelligent, connected devices and new opportunities in connected cars, remote delivery of healthcare services and IoT.
– Min IT, Telangana (@MinIT_Telangana) October 6, 2018
Qualcomm joins the elite list of companies that have their largest presence in Hyderabad, Rama Rao said in the statement.
Mr. Shashi Reddy, Vice President of Engineering, @Qualcomm Minister @KTRTRS at Camp Office today. In the meeting, Mr Shashi Reddy discussed the growth plans of Qualcomm in the city. pic.twitter.com/9anP7Wz7SA
– Min IT, Telangana (@MinIT_Telangana) October 6, 2018
"We have Apple, Amazon, Google, Microsoft, Facebook, and Qualcomm." This list is only going to increase in size. as well as to the electronics, and semiconductors industry …, "he said.
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