Qualcomm is setting up its second largest campus outside the U.S. in Hyderabad, a 1.572-million sqft facility that is expected to be ready for inauguration by this October.
The California-headquartered tech giant will be investing ₹3,904.55 crore to expand its Hyderabad operations. The investment, to be made over the next five years, will also create employment for about 8,700 software professionals, Industries and IT Minister K.T.Rama Rao’s office said on Tuesday.
In a release on the Minister’s engagements in the U.S., where he has led a delegation of officials to promote Telangana, his office said Mr.Rao met the leadership team of Qualcomm comprising CFO Akash Palkhiwala, vice-presidents James Jean, Laxmi Rayapudi, Parag Agashe and senior Director Dev Singh at the company headquarters in San Diego.
