D-Link to set up operations in Hyderabad

Top Stories

»	49% Indian startups now from tier 2, 3 cities: Jitendra Singh
»	'India ranks 3rd in global startup ecosystem & number of unicorns'
»	Tripura exported over 9K tonnes of pineapples in 2 years
»	CPI inflation eases to 6.71% in July, IIP falls to 12.3%
»	Rupee depreciates 12 paise to close at 79.64 against US dollar

SME Times News Bureau | 24 Jan, 2015
D-Link Corporation, a Taiwanese multinational networking equipment manufacturing company, plans to set up an office Hyderabad that will generate 1,000 jobs.

Telangana's Information Technology Minister K. Tarakarama Rao told reporters Friday that the company's president A.P. Chen was here recently and he conveyed that they want to set up 1,000 employee offices.

The minister said he might visit Taiwan to hold further talks with D-Link officials.

"We would like to house them in Electronic Manufacturing Cluster (EMC) at Maheswaram. The place is yet to be finalised," he said, adding that "to have D-Link will be good start to give impetus to EMC".

Stating that Hyderabad remained an attractive investment destination, Rao said the IT companies continued to hire and expand in Hyderabad.

He said Google would set up its permanent campus in Hyderabad. "An announcement will be made and we will have a MoU soon."

This will be the global search engine giant's first campus outside the US. It employs 3,000 employees at three locations in the city and plans to double the headcount in five years.

Online retail giant Amazon also plans to build new its own campus. It plans to build about 10 lakh square feet facility, which will be its biggest facility outside its corporate headquarters in the US.

Amazon currently employs 4,000 people at its campus in the leased premises and intends to add 5,000 jobs at the proposed campus.

India's biggest IT services firm Tata Consultancy Service (TCS) is also expanding its presence in Hyderabad. The minister said TCS's new building at Adibatla.

This is expected to provide 28,000 new jobs in three to five years. TCS already employs 26,000 people at four facilities in the city.

Wipro has already announced its expansion plans for Hyderabad.

"Hyderabad offers the best value proposition in the country for any corporate company coming in," said the minister, who is son of Chief Minister K. Chandrasekhar Rao.

Stating that real estate prices in the city had gone up by 30 percent last month, he said with the market sentiment improving, employment opportunities growing and Information Technology Investment Region (ITIR) unfolding and evolving, the city was poised to leap frog to be the number one IT destination in the country.

He said the IT sector, which provides direct employment to over three lakh people and indirect employment to 15 lakh, would get all the attention of the government.

He said the infrastructure would be further improved in the western part of the city, which houses IT companies.

He said by 2018 when Hyderabad will host World IT Congress, the city's face will change. "The government is working to make Hyderabad a truly global city."

With Rs.57,000 crore IT exports during 2013-14, Telangana was at fourth place as a state. Among cities, Hyderabad ranked second, accounting for 12 percent of the country's total IT exports. With a share of 31 percent, Bangalore is at first place.