Business

Qualcomm India Plans To Invest Over Rs 177 Crore In New Design Centre

Qualcomm India unveiled a new design hub in Chennai on Sunday with a proposed investment of Rs 177.27 crore and job creation for up to 1,600 skilled professionals.

In a statement, the company said, “The new centre will specialise in wireless connectivity solutions, with a focus on innovations that complement Wi-Fi technologies. It will also actively contribute to Qualcomm’s global Research and Development endeavours in 5G cellular technology, affirming the company’s commitment to be at the forefront of the wireless communications industry”.

“The new design centre is expected to generate jobs for up to 1,600 skilled professionals, contributing to the growth and development of Chennai’s vibrant workforce”, the statement reads.

It went on to say, “At the Tamil Nadu Global Investors Meet in Chennai today, Qualcomm Incorporated announced a significant expansion in Chennai with a new facility for their Design Centre, representing a proposed investment of Rs 177.27 crore”.

Qualcomm India president Savi Soin stated that the new design centre in Chennai will play an important role in shaping the future of connectivity globally, particularly in India.

“The new design centre is a critical asset to support Qualcomm’s commitment to make and design in India. This would expand our collaboration with Indian technology partners and accelerate the market adoption of new technology”, Soin explained.

According to Mahesh Moorthy, Vice President, of Engineering and Qualcomm Chennai Design Center Head, the state of Tamil Nadu with its rich pool of skilled professionals, outstanding educational institutions and focus on innovation holds the key to propelling Qualcomm’s technological advancements to new heights.

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Spriha Rai

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