Mon Nov 03 16:37:59 UTC 2025: Summary:

The U.S. investment management firm Vanguard inaugurated its Global Value Centre (GVC) in Hyderabad, India. The Deputy Chief Minister of Telangana, Bhatti Vikramarka Mallu, stated that Hyderabad’s robust infrastructure, industry-friendly policies, and skilled workforce have made it a preferred destination for global companies. He encouraged Vanguard to collaborate with local educational institutions and innovation hubs. IT and Industries Minister D. Sridhar Babu highlighted the state’s goal of hosting 120 global capability centers (GCCs) by next year, which are expected to generate 120,000 jobs. Vanguard’s decision to open a GVC in Hyderabad, focusing on areas like cloud modernization and AI solutions, demonstrates the city’s talent pool, stability, and global competitiveness. He also mentioned the importance of skilling the local youth to ensure they can get the jobs in the new companies. Telangana has attracted seven of the world’s top asset management firms, managing over $30 trillion in assets.

News Article:

Vanguard Inaugurates Global Value Centre in Hyderabad, Pledging Investment and Innovation

HYDERABAD, India – November 3, 2025 – Vanguard, a leading U.S. investment management firm, officially launched its Global Value Centre (GVC) in Hyderabad today, marking a significant milestone for the city’s growing prominence as a global hub for technology and finance. The inauguration ceremony was attended by Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and IT and Industries Minister D. Sridhar Babu.

Deputy Chief Minister Mallu emphasized Hyderabad’s appeal to global companies, citing its strong infrastructure, favorable policies, and talent-rich ecosystem. He encouraged Vanguard to collaborate with local institutions, innovation hubs, and even consider establishing a campus in the state’s planned Bharat Future City.

Minister Sridhar Babu announced Telangana’s ambitious target of attracting an additional 120 global capability centers (GCCs) by next year, expected to create 120,000 jobs. He highlighted the government’s commitment to skilling local youth in key technologies like AI, Machine Learning, and Cybersecurity to prepare them for these new opportunities. He added that even in these difficult times they were able to attract over 70 GCCs last year.

With the addition of Vanguard, Hyderabad now hosts seven of the world’s leading asset management firms, collectively managing over $30 trillion in assets.

Vanguard’s GVC will focus on engineering excellence, cloud modernization, AI-led solutions, data security, and global digital platforms. “Hyderabad represents a thriving technology ecosystem with talent and ambition,” said Nitin Tandon, Global Chief Information Officer at Vanguard.

Venkatesh Natarajan, Head of Vanguard India, added that the new office would create technology capabilities that are innovative, scalable, and meaningful for investors worldwide. The leadership team of the firm had announced plans for the facility earlier this year after meeting with Chief Minister A. Revanth Reddy.

Read More