“Why Hyderabad is the Top Global Investment Hub for Tech Giants”
Hyderabad has emerged as a key hub for global companies, becoming a preferred destination for investment outside the United States. The city is home to several multinational giants, reinforcing its position as a leading business and technology center.
1. Salesforce has established its only Centre of Excellence (CoE) and largest facility outside its San Francisco headquarters in Hyderabad, employing over 2,000 people.
2. Micron Technology launched its largest development center in Hyderabad in October 2019, with a workforce exceeding 2,500 employees.
3. Uber has set up its CoE in Hyderabad, the first in Asia and the fifth worldwide.
4. State Street, which administers 40% of the US mutual fund market assets, established its largest global presence in Hyderabad in November 2011. The company currently employs over 3,000 people in the city.
5. Development Bank of Singapore (DBS) has its only technology development center outside Singapore in Hyderabad, with a headcount of around 3,000 employees.
6. Other major companies such as Legato, Intel, Fiat Chrysler, Providence, MassMutual, Goldman Sachs, ZF, UBS, Mphasis, and PepsiCo have also set up operations in Hyderabad.
7. Microsoft boasts its largest R&D campus outside the United States in Hyderabad, solidifying the city’s reputation as a global technology hub.
8. Hyderabad is home to leading US-based IT firms such as Microsoft, Motorola, Google, Oracle, Yahoo, Facebook, Qualcomm, Texas Instruments, Samsung, HP, Amazon, and many others.
9. Companies like Facebook, Qualcomm, Accenture, Wells Fargo, Xilinx, Infosys, TCS, IBM, Tech Mahindra, Cognizant, and Wipro have significantly expanded their operations in Hyderabad, contributing to the city’s growth as a global investment destination.
The presence of these multinational corporations, combined with their partnerships with Indian firms, has positioned Hyderabad as a major player in the global job market.
