Qualcomm, an American multinational firm, would invest Rs 3,904.55 crore in Hyderabad to expand its operations, with plans to open its second-largest campus outside the US in October 2022.
This investment will be made over a five-year period and will result in the hiring of about 8,700 software specialists.
Rayadurgam will be home to a new campus in Hyderabad that would span 1.572 million square feet.
By October 2022, the campus will be ready for use. Qualcomm’s leadership team notified Telangana’s Information Technology and Industries Minister K.T. Rama Rao, who is presently visiting the United States.
