The record
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- Hyderabad has attracted 197 multinational Global Capability Centres since the Congress government took office in Telangana, with 43 new GCCs announced or operational in the first half of 2026.
- According to the NASSCOM GCC Landscape Report 2026, the city has become India's leading destination for new BFSI capability centres, drawing over 50% of such centres established in the country.
- Major companies including L'Oréal, T-Mobile, Novartis and Zurich Insurance Group have launched, expanded or announced operations there.
- Officials attribute the growth to infrastructure, skilled talent, lower operational costs and proactive government policies, and expect the momentum to continue in the second half of 2026.
What to watch next
- Whether Hyderabad crosses 100 new GCCs in 2026 as officials expect
- Continued investment momentum in the second half of 2026
- Growth in high-value sectors such as AI, semiconductors and life sciences
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Named India · Hyderabad · ABB · A. Revanth Reddy · Astera Labs · BASF · BluePace · Congress government · L’Oréal · NASSCOM · Novartis · Roche Diagnostics · Telangana
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