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Facebook launching India operations in the ‘City of Pearls’ Hyderabad, Hiring 500 people

According to Business Standard and India Times, Facebook is all set to launch its India operations from the “City of Pearls” Hyderabad, to be able to provide better round-the-clock and multilingual support to its ever-increasing number of users, advertisers and third-party developers.

In a press release, the State Information Technology and Communications department said Facebook had been granted permission by the government to set up an office in a business incubator at the Raheja Mindspace special economic zone (SEZ). The new office will add to Facebook’s operations in Palo Alto, California, Dublin, Ireland and Austin, Texas.

The Economic Times, reports that an Indian government official also said that Facebook has been allotted about 50,000 sq ft space and is going to recruit close to 500 people for running its operations. Facebook, which has nearly 8 million users in India and nearly 500 million users across the globe, would reportedly invest $150 million in the initial phases.

[Source | Source | Source]

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