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Qualcomm To Set Up Biggest Campus Outside USA In Hyderabad At Cost Of Rs 3,000 Crore

JAVED SAIFI | 0
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| October 7 , 2018 , 12:23 IST

American multinational technology company, Qualcomm has decided to set up its gargantuan campus outside the USA in Hyderabad at a cost of Rs 3,000 crore.

After a meeting with Shashi Reddy, Vice President of Engineering at Qualcomm, IT minister KT Rama Rao’s shared the information on Saturday via a social media platform Twitter.

Rao twitted, “Had a fruitful meeting with Mr. Shashi Reddy, Vice President of Engineering, @Qualcomm.”

“Happy to share that Qualcomm will be setting up their largest campus outside USA in Hyderabad, with a proposed investment of Rs 3,000 Crores,” he added.

The investments will provide employment, more technology in India in the form of 5G, Internet of Things (IoT) and mobile platforms research.

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“The proposed campus will provide employment to 10,000 people and will focus on driving technology leadership in 5G, IoT and mobile platforms research,” Rao twitted.

The semiconductor and telecommunications equipment company, Qualcomm with global presence have expertise in technology and innovations.

In India, Qualcomm has centres in Bengaluru and Chennai. It is expected that work for the new campus will start in 2019.

The first phase of the project will include a built-up space of 1.7 million sqft for construction.

“We’ve been empowering India with the latest tech innovations and solutions, with the goal of making mobile communication affordable and accessible to all. Our India offices specialize in wireless modem and multimedia software, DSP and embedded applications, and digital media networking solutions,” Qualcomm India website reads.