UAE- Apple to set up tech centre in Hyderabad

Date

2/18/2016 6:08:27 AM

(MENAFN- Khaleej Times)

In a major boost to Telangana's efforts to emerge as a key international IT destination global technology giant Apple Computer Inc will set up its technology development centre in Hyderabad.

This would be the iPhone maker's first innovation and technology development facility outside its headquarters in Cupertino California.

The company has drawn up plans to invest $25 million in a phased manner to set up the centre which is expected to be operational by June this year. It is likely to create around 4500 jobs. A team of top company leaders are expected to visit Hyderabad soon to make the 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 250000-sq ft centre will come up at Tishman Speyer's WaveRock facility built at a cost of around Rs1.5 billion" the official said. Apple had 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.

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