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2 clusters · 6 sources · 18 days · First seen · Last updated

Technology infrastructure expansion in Telangana

Overview

The Telangana region is expanding its technology infrastructure and positioning itself as a major global hub. Initial developments focused on Hyderabad emerging as an artificial intelligence center through investments in data pipelines and model training, alongside the establishment of a new Rs 60-crore IT Tower in Adilabad designed to provide employment for approximately 2,000 people.

This growth has evolved into a broader strategy to attract Global Capability Centres (GCCs). Hyderabad now accounts for over 40% of new GCCs added in India over the last three years, particularly in the banking, financial services, and insurance sectors. Recent activity includes the inauguration of a development center by the Dutch fintech company Backbase in Hitec City, which is expected to create 300 skilled jobs. The state government continues to prioritize digital infrastructure and workforce training in fields such as cloud computing, cybersecurity, and artificial intelligence to support these expanding global operations.

Entities

Hyderabad · Telangana · Duddilla Sridhar Babu · Adilabad · Backbase

Timeline

  1. [BUSINESS] 3 sources
    Hyderabad targets global technology leadership through GCC expansion

    Hyderabad is expanding its role as a global technology and fintech hub, aiming to attract major investment through the 2026 Telangana Global Summit and new facilities like Backbase’s development centre.

  2. [TECHNOLOGY] 3 sources
    Hyderabad and Adilabad expand technology infrastructure

    Hyderabad is positioning itself as an AI development hub through infrastructure and tax incentives, while a new Rs 60-crore IT Tower in Adilabad nears inauguration to boost regional employment.

Sources

deccanchronicle.com · it-boltwise.de · newindianexpress.com · siasat.com · telanganatribune.com · up18news.com