Qualcomm to invest Rs 175 crore in R&D unit Bengaluru

An investment proposal by the US semiconductor giant Qualcomm in Bengaluru is among the 62 investments Karnataka’s State level single window clearance committee (SLSWCC) has cleared.

These investments are worth Rs 3,607 crore with a potential to add 10,755 jobs, industries minister MB Patil said in a statement.

Qualcomm has proposed its R&D unit at Whitefield in Bengaluru, at an investment of Rs 175 crore, projecting 1,553 jobs. The US tech giant already has a R&D unit in Bengaluru and the fresh investment is part of its expansion plans, officials said.