Amid Trump's tariffs, Apple expands Hyderabad hub by 64,000 sq ft for a monthly rent of Rs 80 lakh

Apple has a significant presence in Hyderabad

Consumer electronics gaint Apple has expanded its presence in Hyderabad by leasing an additional 64,125 square feet of office space at the Waverock campus at Nanakramguda, near Gachibowli, a prominent technology hub for a starting monthly rent of Rs 80.15 lakh with a tenure of 60 months.

The expansion comes at a time of heightened geopolitical tensions, with US President Trump raising tariffs on Indian imports and pressing Apple to shift some of its manufacturing back home. The tariff push had even prompted Apple CEO Tim Cook to commit $100 billion of investment in the US.

According to registration documents accessed by Propstack, Apple is expected to pay a starting rent of Rs 125 per square foot per month, including a 'warmshell' rent of Rs 74.18 and a fitout rent of Rs 50.82. This translates to a starting monthly rent of Rs 80.15 lakh, with the tenure of the lease at 60 months and a deposit of Rs 4.80 crore. The rent carries an escalation of 4.77 percent per year.

“Hyderabad has long been Apple’s largest talent hub in India and a major development center for Apple Maps. With ongoing engineering expansion, it continues to be a key city for the company,” one source said.

A query sent to Apple didn’t elicit any response.

The Hyderabad office is a major development hub for Apple Maps, with a focus on geospatial technology and data modeling. The office was officially opened in May 2016 by Apple CEO Tim Cook.

Notably, Apple’s Taiwanese contract manufacturer Foxconn has also commenced production of Apple AirPods at its Hyderabad facility for export.

Apple is expanding is office presence in Bengaluru as well, with Moneycontrol reporting earlier this week that the company is leasing 2.7 lakh square feet of space for ten years, for a total outgo of Rs 1,010 crore.

On the retail side too, Apple is deepening its India bet with a new flagship store in Bengaluru’s Hebbal tech hub and another one coming up in Pune later this week, expanding beyond Mumbai and Delhi, as part of a broader strategy to capture premium smartphone growth.