Google to expand operations in Hyderabad
May 11, 2007 - 9:15:12 PM
Hyderabad, May 11 - Andhra Pradesh government has decided to allot 20 acres of land on the city outskirts to Google for expanding its operations.
The land will be allotted in Kokapet village.
A Memorandum of Understanding in this regard was signed at Santa Clara in US by Andhra Pradesh officials and senior executives of Google in the presence of visiting Chief Minister Y.S. Rajasekhara Reddy.
A statement from the chief minister's office said the MoU was signed by Shailendra Kumar Joshi, secretary to the government, Information Technology and communications department, and Roy Gilbert, director online sales and operations, Google Inc.
In Hyderabad, Google has the second largest operations in India, and is home to engineering, online sales and service, information systems, human resources and other support functions.
Google has about 1,088 employees operating from a leased facility.
The company is keen to expand its operations here by ramping up the employee strength to over 4,000 and constructing a fully owned techno complex.
Google is a public and profit-making company focused on search services. Founded in 1998, the company employs more than 10,000 people worldwide.
At the end of 2006, Google had global revenues of over $10,604.92 million, with market capitalization of about 1$50 billion.
The Googleplex in Mountain View, California, is the world headquarters for the Google organisation. Goole has more than 20 offices around the globe and is present across four locations in India - Bangalore, Hyderabad, Delhi and Mumbai.
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