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Business EconomyPosted at: Mar 31 2025 4:58PM


Vanguard to establish its first Global Capability Center in Hyderabad

Hyderabad, Mar 31 (UNI) Vanguard, one of the world’s leading investment firms, has announced plans to set up its first Global Capability Center (GCC) in India, choosing Hyderabad as its preferred location.
A Vanguard delegation, led by CEO Salim Ramji, IT Division CIO & MD Nitin Tandon, Chief HR Officer John Couture, and GCC-Vanguard India Head Venkatesh Natarajan, met Telangana Chief Minister A Revanth Reddy at his residence in Banjara Hills on Monday. Chief Secretary Shanti Kumari and senior government officials were also present.
Following discussions, Vanguard confirmed its decision to establish the Hyderabad GCC, which is expected to be operational by the end of this year. The company aims to hire 2,300 employees over the next four years, focusing on talent in artificial intelligence, data analytics, and mobile engineering, an official statement said.
Vanguard, which manages approximately USD 10 trillion in assets and serves over 50 million investors worldwide, envisions its Hyderabad GCC as an innovation hub. The center will drive advancements in financial technology and enhance customer experience through cutting-edge solutions.
Expressing his delight over the development, Chief Minister Revanth Reddy said, “Hyderabad is emerging as a global hub for GCCs under the Telangana Rising Vision. Vanguard’s presence will further strengthen the city’s position on the global stage and create new opportunities for skilled professionals.” He assured the company of full government support.
Vanguard CEO Salim Ramji highlighted Hyderabad’s diverse talent pool, high quality of life, and strong technological ecosystem as key factors in their decision.
He emphasised that the company is excited to leverage Hyderabad’s strengths while providing world-class services and employment opportunities in AI, cloud, and mobile technology.
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