‘GCCs to drive Telangana’s economic growth’

metro india news I hyderabad

Global Capability Centres (GCCs) will play a key role in driving Telangana’s economic growth, with the State government seeking to expand their scope beyond conventional IT services to include technology development, research and development, data analytics, product design, engineering and innovation, IT and Industries Minister Duddilla Sridhar Babu said.

The Minister was speaking after inaugurating Mars’ new 60,000 sq. ft. Global Capability Centre at Gachibowli Financial District here on Thursday. The facility has been established in collaboration with Genpact. Mars is globally renowned for brands such as Snickers, Pedigree and Royal Canin.

Sridhar Babu said the government was committed to transforming Hyderabad from a traditional IT services destination into a global hub for technology, innovation and a knowledge-driven economy.

The Minister said the State was leveraging Hyderabad’s strengths in the IT and IT-enabled services sectors while building stronger links with other industries to attract investments in emerging areas and generate new employment opportunities. This approach would enable technology to drive innovation, improve productivity and accelerate industrial growth across sectors, he added.

The Minister said technology, industrial development and skill development were key priorities under the Telangana Rising 2047 vision, recognising their crucial role in shaping the State’s future economy.

The new centre is expected to employ more than 400 people initially, with its workforce projected to grow to 1,000 in the coming years. It will enhance the digital, data and artificial intelligence capabilities supporting Mars’ global operations.