ap7am logo
Logo Bar bseindia nse-india msn yahoo youtube facebook google thehindu bbc ndtv v6 ABN NTv Tv9 etv namasthetelangaana sakshi andhrajyothy eenadu ap7am bhakti espncricinfo wikipedia twitter

Uber to build biggest facility in Hyderabad

Mon, Jul 06, 2015, 04:03 PM
Hyderabad, July 6: International transportation network company Uber on Monday announced that it would invest $50 million in Hyderabad to set up its facility, which will be the biggest outside its headquarters in the US.

The company has signed a Memorandum of Understanding (MoU) with the Telangana government aimed at creating thousands of jobs and entrepreneurship opportunities, fostering technical innovation and research into smart city initiatives.

"The investment will be into Uber's core business - a new greenfield project which we are going to set up here. It will make Hyderabad the largest Uber office in the world outside the US," Sidharth Shanker, general manager Hyderabad, Uber told reporters after signing the MoU.

The facility will support Uber's operations across India. The details will be announced in coming days, he said.
Agency: IANS

Feedback Form

Your IP address: