Qualcomm will be investing Rs 3,904.55 crore over a period of five years to expand its Hyderabad operations.
Qualcomm will inaugurate its second largest campus outside the US in October 2022. Qualcomm’s investment would lead to an employment generation for about 8,700 software professionals.
The new campus coming up in Hyderabad will be spread over an area of 1.572 million square feet in Rayadurgam. The campus will be ready for inauguration by October 2022.
The leadership team of Qualcomm informed this to Telangana’s Information Technology and Industries Minister KT Rama Rao, who is currently on a visit to the US.
The leadership team from Qualcomm comprising their CFO, Akash Palkhiwala, VPs James Jean, Laxmi Rayapudi, Parag Agashe, and Senior Director Dev Singh met Rama Rao at their headquarters in San Diego.
