According to media reports, on Saturday, Qualcomm announced plans to build its largest industrial park outside the United States.
The Qualcomm campus will be located in Hyderabad, India, with a total investment of nearly $400 million, one of the largest investments by large technology companies since the establishment of the Indian state of Telangana. At the same time, the park will be Qualcomm's largest park in the world, second only to its headquarters in San Diego, and $400 million in funding will be the largest investment by Qualcomm worldwide.
On Saturday, Qualcomm executives met with IT Minister KT Rama Rao of Telang, India, to discuss the company's development plans in the city. Qualcomm said the first phase of the project will include the construction of a 1.7 million square foot office building that will accommodate approximately 10,000 employees.