Tech main Qualcomm Saturday introduced plans to arrange its largest campus exterior the U.S. right here. The corporate’s officers met Minister for IT within the Caretaker authorities Okay T Rama Rao Saturday to debate their development plans within the metropolis.
“Qualcomm will likely be investing USD 400 million (Rs 3,000 crore) to arrange their campus in Hyderabad, Telangana. This is likely one of the largest funding by a marquee firm after the formation of the state,” it mentioned in a launch.
Section-1 of the venture would come with a constructed up house of 1.7 million sq. toes, housing about 10,000 staff, it mentioned.
The discharge quoted Qualcomm officers as saying that the corporate was enjoying a key function in driving the wi-fi revolution by making cell communications extra accessible and reasonably priced.
The proposed facility can be its largest campus globally after its San Diego headquarters and the USD 400 million funding by Qualcomm in Hyderabad can be its largest globally, the discharge mentioned.
That is printed unedited from the PTI feed.