Technology Centre

Apple All Set To Open Technology Centre In Hyderabad

The reports suggest Apple will invest over RS. 150 Crore into this new facility

US technology giant, Apple, is all set to open its first technology centre outside the United States of America. Incidentally, the new facility will be established in Hyderabad, India. Apple is certainly following on footsteps of tech biggies Google and Microsoft who have their respective tech facilities here in the country.

The new centre, reports ZDNet, will be built on 2,50,000 square feet of land in real estate firm Tishman Speyer’s WaveRock facility at Hyderabad’s IT corridor. The amount of money to be pumped in is pegged at $25 million which translates to roughly Rs 150 crore. It is also estimated that the new establishment will create around 4,500 jobs. The tech giant is expected to open its innovation centre in June.

Jayesh Ranjan, Secretary to IT department in the state of Telangana, told ZDNet,

“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”.

There were reports of Apple getting clearance to open retail stores in India too. Department of Industrial Policy and Promotion (DIPP) secretary Amitabh Kant had confirmed about receiving Apple’s application. A report said that the Indian government is planning to push through Apple’s application to set up outlets.

Needless to say, Apple makes most of its products in China. Apple is looking to expand markets in a bid to prove the most recent predictions wrong. Unlike others, Apple hasn’t tapped the potential of emerging markets like India and is heavily reliant on third-party resellers in India.

This new Apple Technology centre spread across 2,50,000 square feet will definitely boost PM Narendra Modi’s call for Make In India policy. Moreover, it will also create thousands of jobs in the country.

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