Internet giant Google plans to open its own "permanent and big" campus in Hyderabad and is set to sign a memorandum of understanding (MoU) with the Telangana government shortly to take up the venture.
Google will set up its first own campus in Asia in Hyderabad, its biggest outside the US, at an investment of Rs 1,000 crore, which would double its headcount to 13,000 employees over the next four years.Google would be allocated 7.2 acres in Gachibowli, the main IT corridor of Hyderabad, and it will build its own facility, Telangana IT Minister KT Rama Rao said on Tuesday.
"We are likely to sign MoU with Google. They are likely to open their campus here in Hyderabad. It will be the third campus they will have after the US and the UK," Telangana IT, Electronics and Communications Secretary Harpreet Singh told PTI here.
Google currently operates from rented premises here but wants to move to a "permanent campus", he said, adding that the tech major would sign an MoU with the state government shortly.
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