Global technology giant Apple Computer Inc is all set to open a technology development centre in Hyderabad.
The California-based company is planning to invest $25 million in a phased manner to set up the centre which will be operational by June this year. The new centre likely to provide around 4,500 jobs. The copany is yet to make a formal announcement.
“Apple’s entire Maps Division will be set up here to develop their own mapping systems,” the Telangana Information technology Secretary Jayesh Ranjan said.
“The 250,000-sq ft centre will come up at Tishman Speyer’s WaveRock facility, built at a cost of around Rs 150 crore,” he added.
Apple had previously applied for space at the notified SEZ which has been approved. The facility will come up at the city’s IT hub Gachibowli which is also home to the offices of multinational and domestic IT and software development companies.
"We've been investing to expand our operations in India and are thrilled to have passionate customers and a vibrant developer community across the country. We are looking forward to opening a new development office in Hyderabad that will be home to over 150 Apple employees supporting maps development. The office will also have space for many contractors who will support our ambitious efforts locally," Apple said in a statement.
This comes as a major boost for Telangana as it has been trying to develop the city as a major international IT destination.
While Google Inc. had signed a Memorandum of Understanding (MoU) last year, to set up its own campus on a seven-acre plot handed over by the government, Amazon, IKEA and Flipkart have already selected the city to build their facilities. Google plans to open South Asia's biggest campus and its only facility outside the US in Hyderabad in the next few years.