Qualcomm to Expand Operations in Hyderabad

The United States-based Qualcomm is planning to expand its operations in Hyderabad. The company will be investing Rs. 3,904.55 crore for this purpose. The company is also looking to launch its second-largest campus outside the states in the month of October this year. The company further informed that this investment will be done over a span of five years and it will eventually generate employment for about 8,700 professionals. Qualcomm has been building its new campus in Hyderabad which will be spreading over an area of 1.572 million square feet in Rayadurgam. The leadership team from Qualcomm comprising their CFO, Akash Palkhiwala, VPs James Jean, Laxmi Rayapudi, Parag Agashe, and Senior Director Dev Singh met Telangana's Information Technology and Industries Minister K.T. Rama Rao who is on a visit to the U.S., at their headquarters in San Diego and informed him about the company’s plans. The Telangana government accepted to collaborate with Qualcomm in areas such as agriculture, Smart Cities, digital education, and connected devices.