A new identity for Hyderabad
Hyderabad is establishing itself as a major hub for Global Capability Centres (GCCs), attracting numerous multinational corporations. The city's growth is attributed to its strong tech ecosystem, supportive government policies, and competitive real estate.
Why it matters
The rise of GCCs in Hyderabad signals a significant shift in India's economic landscape and the city's role in the global services sector.
Global Capability Centres (GCCs) have emerged as the new identity of Hyderabad, symbolising a major shift for the Telangana capital. They are a new dimension to a city known for software development and which hosts large facilities of tech giants such as Microsoft, Google, Salesforce, and Amazon. Hyderabad is home to more than 355 GCCs as per reliable estimates. They work in the areas of cybersecurity, supply chain management, cloud computing, AI/ML research etc.
The article provides a balanced overview of economic growth, acknowledging contributions from multiple political administrations.
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