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Qualcomm has announced their plan to set up its largest campus outside the United States in the city of Hyderabad. The company’s officials met K T Rama Rao, Minister for IT, in the Caretaker government on Saturday (06/10/2018) to discuss their growth plans in the city.
Qualcomm said in a release, “Qualcomm will be investing USD 400 million (Rs. 3,000 crores) to set up their campus in Hyderabad, Telangana. This is one of the largest investment by a marquee company after the formation of the state.”
The statement described that the phase-1 of the project would include a built-up space of 1.7 million square feet, housing about 10,000 employees.
According to the release, the proposed facility would be its second largest campus globally, trailing only to Qualcomm’s San Diego headquarters, and the US$ 400 million investment by Qualcomm in Hyderabad would be its largest globally.
The release stated that Qualcomm officials as saying that the company has been playing a key role in making mobile communications more accessible and affordable by driving the wireless revolution.
