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Apple set to build a dev't facility in Hyderabad

Posted: 22 Feb 2016     Print Version  Bookmark and Share

Keywords:smartphone  Apple  iPhone  India 

Apple is investing $25 million (Rs 170 crore) for a new development centre in Hyderabad—the third site for the tech giant outside the U.S., apart from Brazil and Italy.

The 250,000-square-foot development centre will be home for over 150 employees when it opens in June, and will focus on developing Apple Maps.

In an official statement, an Apple spokesperson said, "We've been investing to expand our operations in India and are thrilled to have passionate customers and a vibrant developer community across the country. The office will also have space for many contractors who will support our ambitious efforts locally."

Apple has already indicated that it will start taking the Indian market more seriously. In the latest results announced by Apple, iPhone sales were up 76 per cent in India for the quarter. Apple CEO Tim Cook said in the earnings call that the company plans to invest in India for a long term.

Hyderabad new software dev't facility

Apple projects its India revenue to rise by 38 per cent.

With a 1.3 billion-strong population, Apple has projected their investment to be a sound one, as the country is entering a technological boom with smart devices and internet markets growing at a rapid pace.

"India is incredibly exciting. It is one of the fastest growing economies, and is also the third largest smartphone market in the world, after China and U.S. In India, the median age for the population is 27, in China that's nearly 36 years. I see the demographics there being incredibly great for a consumer brand, and for people that really want the best product," Cook had said.

- Toni Urrutia

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