“Apple Inc is to open its first technology development centre outside the United States in Hyderabad, India,” V L Srinivasan reports for ZDNet.
“The new centre will be built on 250,000 square feet of land in the real estate firm Tishman Speyer’s WaveRock facility at Hyderabad’s IT corridor at a cost of $25 million (150 crore rupees),” Srinivasan reports. “It is anticipated to create 4,500 jobs for locals.”
“The California-based multinational technology development company will initially open its innovation centre in June and launch fully fledged operations by the end of this year. It plans to develop maps and make them available in its iPhones and Mac systems,” Srinivasan reports. “‘It’s a very positive development as Apple has not looked at cities only in India, but across many places in Europe and other parts of the world. Their decision to have the facility in Hyderabad is a strong endorsement of the city as a major IT hub in the country,’ Jayesh Ranjan, Secretary to IT department in the state of Telangana, told ZDNet.”
Read more in the full article here.
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