Google plans to open a ‘big and permanent’ campus in Hyderabad and is set to sign an MoU with Telangana government to get the venture going.
“We are likely to sign an MoU with Google. They are likely to open their campus here in Hyderabad. It will be the third campus they will have after US and UK,” Telangana IT, Electronics and Communications Secretary Harpreet Singh told PTI.
Google is currently running out of rented premises in Hyderabad and wants to move to permanent property.
On the proposed Rs 30 crore incubator facility for technology start-ups, he said its designs have been completed and the process of tendering is in progress.
The 70,000 square feet facility will have 800 seats, housing an expected 500 start-ups in different stages of growth, he said.
“We are planning to formally inaugurate this building on 2 June (on the first anniversary of Telangana State’s formation).”
Singh also said that they have plans to make Hyderabad a Wi-Fi enabled city and Cisco, Airtel, Vodafone and a Taiwanese company, among others, have responded to the expression of interest floated by the government on proposed venture.
As for software exports from Hyderabad, he noted that it was Rs 57,000 crore or roughly ten billion dollars in the year 2013-14. “This year (2014-15), I think it’s (going to be) 12 per cent (more). We may do slightly better (better than 12 per cent growth),” Singh added.