Qualcomm to invest $400M for largest campus outside US in Hyderabad

Tech major Qualcomm has announced plans to set up its largest campus outside the US in Hyderabad.

The company's officials met Minister for IT in the Caretaker government KT Rama Rao on Saturday to discuss their growth plans in the city.

"Qualcomm will be investing $400 million (Rs 3,000 crore) to set up their campus in Hyderabad, Telangana. This is one of the largest investment by a marquee company after the formation of the state," it said in a release.

Phase-1 of the project would include a built-up space of 1.7 million square feet, housing about 10,000 employees, it said.

The proposed facility would be its largest campus globally after its San Diego headquarters and the $400 million investment by Qualcomm in Hyderabad would be its largest globally, the release said. Apart from Hyderabad, Qualcomm also has centres in Bengaluru and Chennai in the country.