Apple is negotiating with builders for a 350,000 sq ft office space in Bengaluru which will serve its global markets, and plans to open a large retail centre in the city, people in the know told ET.
There’s another big deal in the works — US-based financial services firm Wells Fargo is in talks for 1.4 million sq ft of office space in Hyderabad to expand operations. “Both the deals are expected to be signed in the next few days and in both cases, the companies are expanding their footprint in India,” the people cited earlier said. “These facilities will be up by 2021.”
Apple’s new Bengaluru office is expected to come up at Prestige Mink Square. The company is also looking to step up manufacturing in the country.
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