Qualcomm to create mega campus in Hyderabad!

Qualcomm to create mega campus in Hyderabad!

Hyderabad already hosts mega-campuses of tech behemoths like Google, Amazon, Apple, Facebook, and others in India. Marking possibly one of the biggest investments by a marquee company in Telangana since its formation, Qualcomm is set to invest a whopping $400mn (Rs. 3,000cr) in its upcoming Hyderabad campus. Qualcomm's $400mn campus in Hyderabad will be its largest, leaving aside its headquarters in San Diego, California. Qualcomm joins the list of elite firms that have their largest presence outside of their headquarters in Hyderabad, by setting up its mega-campus in Hyderabad, by emphasizing Hyderabad's stature as an IT hub. KT Rama Rao and senior Qualcomm officials have finalized the plans for the campus in a meeting. Around in 2019, the work on Qualcomm's mega Hyderabad campus is expected to start. The first phase of the project involves the construction of a built-up space of 1.7 million sqft, with the capacity to house around 10,000 employees. This is indeed a big boost to Telangana, the electronics and semiconductors industry and the ecosystem of operators, original equipment manufacturers, regulators, startups, and R&D engineers.

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