Apple, Inc set to open new $25 million Tech Center in Hyderabad, India by June
Apple is reportedly opening its first technology development located in India, on 250,000 sq ft of land within the IT corridor of Hyderabad, next to facilities for Microsoft, Infosys, Wipro and Cognizant, reportedly within Tishman Speyer’s WaveRock facility.
According to a report by V L Srinivasan for ZDNet, Apple is spending $25 million on the project, which is said to involve jobs for 4,500.
India’s Telangana State Technology Services managing director GT Venkateshwar Rao told the site that Apple’s decision to locate facilities in Hyderabad would boost the city’s image as a hub for technology development.
“Microsoft’s Windows 10 was developed in Hyderabad, but it has been a global product now,” Rao said. Both Microsoft and Google have announced plans to invest in India.
Microsoft’s chief Satya Nadella has described expanding its existing facilities and further efforts to take advantage of India’s status as the third largest site for startups behind the U.S. and U.K., and Google’s chief Sundar Pichai recently outlined a “huge new campus in Hyderabad” costing $160 million, described as Google’s first campus outside of the U.S and “said to be the biggest in South Asia.”
In 2006, Apple announced plans to open a product support center in Bangalore, but abandoned the effort three months later. Apple’s PR chief Steve Dowling said at the time that Apple had “re-evaluated our plans, and have decided to put our planned support center growth in other countries.”
More recently, Apple’s sales in India crossed the $1 billion sales mark last March, and the company has been working with the Indian government to fast-track the construction of new Apple Stores in the country, an issue formerly complicated by regulations pertaining to foreign ownership of retail stores that sell a single brand.
Read More : iphone.appleinsider.com
Tags:
Connect With Us
Related Posts
- Real Estate Act comes into effect: 10 things you need to know about new law ( May 4, 2017 )
- Expats Living in Comfort – Hyderabad, India ( May 4, 2017 )
- MNC queue to Hyderabad grows longer; JP Morgan & IBM look for office space ( June 22, 2016 )
- An Apple in Hyderabad’s IT Garden: CEO Tim Cook’s big announcement Today ( May 19, 2016 )
- Hyderabad May get Disneyland Park ( April 22, 2016 )
- Indian Office Space Absorption Up 11% in Q4: Survey ( April 13, 2016 )
- Cognizant plans to add 8,000 people at Hyderabad facility ( March 9, 2016 )
- Ranked 139 in world, Hyderabad is Best Indian City to Live in ( February 24, 2016 )
- The Platina – Exclusive Commercial Space, Hyderabad ( February 19, 2016 )
- TCS seals the deal for India’s largest office space in Thane ( January 30, 2016 )
Recent Posts
Recent Comments
Archives
- February 2018
- October 2017
- May 2017
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- July 2011
- June 2011
- May 2011
- March 2011
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- May 2010
- April 2010
- March 2010
- February 2010
Leave a reply