Global investment management giant Vanguard has selected Hyderabad for its first Global Capability Centre (GCC) in India. The firm plans to open its Hyderabad office later this year and hire 2,300 employees over the next four years, according to a statement from Telangana Chief Minister A. Revanth Reddy’s office.

The decision follows productive discussions between Vanguard’s senior leadership team and the Chief Minister. The company aims to make its Hyderabad centre a key hub for innovation and technology, reinforcing the city’s growing reputation as a GCC powerhouse.

Vanguard has announced that it will begin hiring immediately for engineering roles, with a strong emphasis on Artificial Intelligence, Data & Analytics, and Mobile Engineering. These roles will play a crucial part in supporting Vanguard’s technology-driven mission and innovation strategies.

Welcoming Vanguard’s decision, Chief Minister Revanth Reddy described Hyderabad as “irresistible and unstoppable,” emphasizing his government’s commitment to transforming the city into a global GCC hub under the Telangana Rising vision. He highlighted that Vanguard’s presence would further enhance Hyderabad’s global standing in the financial and technology sectors.

Leading the Vanguard delegation, CEO Salim Ramji expressed that Hyderabad was a natural choice due to its rich talent pool, high quality of life, advanced tech ecosystem, and business-friendly policies of the Telangana government.

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“The city offers the perfect blend of innovation, expertise, and support for our long-term goals,” Ramji said.

Other senior leaders in the delegation included CIO and MD of IT Division Nitin Tandon, CHRO John Couture, and Principal & Head of GCC—Vanguard India, Venkatesh Natarajan. Telangana Chief Secretary A. Santhi Kumari and other senior officials were also present at the discussions.

Vanguard’s Hyderabad centre is expected to play a pivotal role in driving the firm’s AI strategy, leveraging data and analytics, and enhancing its mobile-first approach. The centre will integrate seamlessly with the firm’s global operations, contributing to Vanguard’s digital transformation journey.

With assets under management exceeding $10 trillion and a customer base of over 50 million investors, Vanguard’s expansion into Hyderabad is a significant milestone for India’s financial and technology sectors.

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