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Blog May 19, 2016

An Apple in Hyderabad’s IT Garden: CEO Tim Cook’s big announcement Today

Tim Cook Hyderabd

Apple Inc is set to inaugurate its development centre here on May 19, a senior Telangana government official said.

 

Tim Cook Hyderabd

Apple’s Chief Executive Officer Tim cook will be in Hyderabad Today where he is expected to announce the opening of the company’s first technology development centre outside the US.

 

Here is all you need to know about it:

 

The state government apparently wanted a big splash but Apple reportedly wanted to keep the event low key. The centre will be Apple‘s digital mapping facility with servers in the US and all technical and support services will be sourced from Hyderabad.

 

The announcement, sources in the Telangana government independently confirmed to India Today, will be about the setting up of Apple’s digital mapping centre in Hyderabad.

 

The event will be held at Waverock SEZ campus on the outskirts of the city. The company, which has taken the space on lease at WaveRock, is also planning to build its own campus.

 

The Apple CEO is flying to the country from China, where Apple announced a $1 billion investment in the local ride-hailing app Didi Chuxing.

 

However, it was not confirmed if Cook will be present to inaugurate the company’s first development centre in India.

 

The facility will commence operations on one lakh square feet leased space in WaveRock, a building owned by real estate giant Tishman Speyer at Nanakramguda. The US-based firm plans to expand the facility to 2.5 lakh square feet by next year. It will have 2,500 employees, sources said.

 

During his first India visit as Apple CEO, Cook is also likely to meet Prime Minister Narendra Modi on Saturday. He had met Modi at a Silicon Valley event in the US last September, where they discussed manufacturing plans under Modi’s ‘Make in India’ initiative.

 

After Modi became prime minister, top global executives have lined up to visit India. These include Amazon CEO Jeff Bezos, India-born CEO of Microsoft Satya Nadella, Facebook co-founder Mark Zuckerberg, Chennai-born CEO of Google Sundar Pichai, and Alibaba chairman Jack Ma among others.

 

Cook’s diary seems to be full with visits to various places in Gurgaon, Delhi, Hyderabad and Mumbai.

Via: India Today
OFFICE SPACE HYDERABAD
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