Sunday, October 7, 2018

US CHIPMAKER QUALCOMM TO SET UP A RS 3,000 CRORE CAMPUS IN HYDERABAD IN 2019



Qualcomm can started up a field in Hyderabad at associate degree investment of $400 million (about Rs three,000 crore), which can be its largest facility outside of the us, the Telangana authorities proclaimed on six Oct.

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The phase-1 of the project can embody a settled house of one.7 million sqft, housing concerning ten,000 workers.

Qualcomm hopes to start out its add 2019. Qualcomm already features a presence in India in Hyderabad, Bengaluru, and urban center.

The delegates from the US-headquartered telecom equipment maker met the state's Minister for IT and Industries KT avatar Rao to debate their growth plans within the town, per a Ministry statement.

Qualcomm joins the elite list of firms that have their largest presence globally outside of their headquarters in Hyderabad, avatar Rao aforesaid within the statement.

"We have Apple, Amazon, Google, Microsoft, Facebook and currently Qualcomm. This list can solely increase as square measure|they're} some a lot of within the pipeline that we have a tendency to are operating actively with. this is often so an enormous boost to the state of Telangana, also on the physical science, and semiconductors business...," he said.