D. E. Shaw to open 6-lakh sq. ft. office in Hyderabad next year
D. E. Shaw India plans to open a new 6-lakh square foot office in Hyderabad next year to mark its 30th anniversary in the country. The expansion reflects the firm's continued commitment to its Indian operations, which now employ 2,500 people.
Why it matters
The investment signals sustained confidence from global financial and technology firms in India's growing role as a hub for research and corporate operations.
D.E. Shaw India, which is a part of the global investment and technology development firm D. E. Shaw group, plans to open a 6-lakh sq. ft. workspace in Neopolis here, next year.
The office will create more opportunities for employees to work across teams, exchange ideas and solve problems while reinforcing long-term commitment to Hyderabad and India, D.E. Shaw India said on Wednesday after IT and Industries Minister D.Sridhar Babu participated in an event to mark its 30 years of operations in the country.
The firm has been part of the city’s landscape for three decades and the new office is a welcome sign of its continued confidence in Hyderabad, the Minister said.
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