Hyderabad has added yet another feather to its cap as the Telangana Government on Tuesday inked an MoU with IT major Google Inc to set up a Rs1,000 crore campus in the city.
The MOU was signed between Telangana Secretary of IT Jayesh Ranjan and Google’s global head of facilities and workplace David Redcliffe in Google headquarters at Mountain View in USA. Visiting Minister for IT K Taraka Rama Rao was also present.
Rao, who is on a two-week tour to USA to woo investors and companies, went around the Google headquarters and held discussions with top honchos of the company.
The Hyderabad campus — second-biggest in the world and the first in Asia — is expected to be ready within four years and will have two million square feet working space. Around 13,000 technologists would be recruited over a period of four years for this project.
The Telangana Government will allocate seven acres of land in Gachibowli, bustling IT hub of Hyderabad, for the prestigious campus and the work on the project is expected to formally start next year.
In another boost to Hyderabad’s IT growth plan, Google has also agreed to consider the request of the State Government to include Hyderabad in its Street View project after the Union Government grants its approval. Street View is a tool in Google Map enabling the users to have a panoramic 360 degrees view of streets, roads and monuments.
The company would first complete the project in Hyderabad before expanding to other places across Asia.
The decision was taken in a meeting of Telangana team with Manik Gupta, Director Street View Project.