Tech giants Google and Microsoft, after the footsteps of another giant – Apple Technology Development Center is set to open in India, in Hyderabad, the report says.
The new center, ZDNet reports, the real estate firm Tishman Speyer WaveRock Hyderabad IT corridor in the country’s 250,000-square-foot facility will be built on. The amount of money $ 25 million is estimated to be Rs 150 crore to be pumped. The report also shows that the center will create 4,500 jobs. Tech giant launched the operation in June this year is expected to open its Innovation Centre.
“This is a very positive development, as Apple has not been seen in cities in India, but in many places in Europe and other parts of the world beyond. Hyderabad is the convenience in their decision to the country as a major IT hub a strong support in the city, “Jayesh Ranjan, Secretary, IT Department of Telangana, ZDNet reported.
Confirming the development, a statement from Apple, “In India, we are investing to expand its operations across the country, a lively and passionate customers and developer community are thrilled. We have a new development office in Hyderabad maps to support the development will house more than 150 employees that Apple are looking to opening. office several contractors who will support our ambitious efforts at the local level would be the place. ”
Earlier this month, getting Apple to open retail stores in India withdrawals were reported. Industrial Policy and Promotion (DIPP) secretary Amitabh Kant department received about Apple’s application was confirmed. One report said that the Indian government to set up outlets application Apple is planning to push through.
“Apple should be qualified as a provider of cutting-edge technology. That is a rule that foreign businesses locally single-brand retail in India to 30 percent of a product to purchase inputs forcing the iPhone and the producer will be discounted iPads, “the report says. Needless to say, Apple makes most of its products in China.
Apple as a surprise as the most recent in a bid to prove the prediction wrong is looking to expand the market has not. Unlike others, Apple did not use the potential of emerging markets like India and India is heavily dependent on third-party resellers. Soon Katy Huberty predicted six percent drop in profits, after the first one, Apple’s revenue forecast its first ever drop in 13 years revealed. In part this was driven, slow-ever iPhone shipment growth in the Chinese market as the key to Apple’s growth, showed signs of weakening.
