Vanguard has inaugurated its first Global Capability Centre in Hyderabad, aiming to make it its largest global tech hub by 2029 with over 2,300 professionals. Focused on AI, data, and cloud innovation, the centre highlights Hyderabad’s growing tech prominence, with Telangana leaders calling it a major boost to the city’s global reputation.
Global investment management giant Vanguard, which manages more than $6.4 trillion in assets, has officially inaugurated its first Global Capability Centre (GCC) in Hyderabad, marking a major milestone in its global expansion and digital transformation journey. The new centre will serve as a strategic technology and innovation hub, underscoring India’s growing role as a global powerhouse for financial technology and engineering talent.
By 2029, the Hyderabad GCC is set to become Vanguard’s largest technology centre worldwide, employing over 2,300 professionals. The facility will focus on engineering excellence, driving advancements across cloud modernisation, data analytics, artificial intelligence, machine learning, and cybersecurity — all key enablers of the firm’s digital-first investment strategy.
Vanguard’s decision to establish its GCC in Hyderabad is a strong vote of confidence in the city’s technology ecosystem, talent pool, and innovation capabilities. The centre represents not just a geographical expansion, but a significant strategic investment in digital talent and infrastructure to support Vanguard’s mission of empowering investors globally.
At the inauguration, Nitin Tandon, Vanguard’s Global CIO, described the Hyderabad centre as a “talent play rather than a cost play,” highlighting the company’s focus on quality and long-term innovation over short-term cost advantages.
“We are tracking ahead of our plan,” Tandon said. “We are seeing great traction in the market and are very happy with the quality of candidates we are getting.” He added that Vanguard expects to close 2025 with around 300 employees, surpassing its initial hiring targets.
Echoing his remarks, Vanguard CEO Salim Ramji praised Hyderabad’s ecosystem, noting that the city’s mix of professionalism, diversity, and creativity made it a natural choice for the company’s new global hub.
“Hyderabad has emerged as a hub of trust, integrity, and innovation, and was an obvious choice for us because of its diverse talent pool, quality of living, and forward-thinking mindset,” Ramji said.
The inauguration was also attended by senior officials from the Telangana government, who welcomed Vanguard’s entry as a testament to Hyderabad’s growing global reputation in technology and financial services.
Sridhar Babu Duddilla, Telangana’s Minister for IT and Industries, said the move reinforces Hyderabad’s position as one of the world’s top destinations for Global Capability Centres. “Vanguard’s arrival further strengthens Hyderabad’s status as a global tech powerhouse,” he said, adding that the state aims to attract 120 new GCCs and create 1.2 lakh jobs within the next year.
Deputy Chief Minister Bhatti Vikramarka Mallu also lauded Vanguard’s decision, calling it a significant addition to Telangana’s innovation landscape. “This step highlights Hyderabad’s growing stature as a global innovation hub and showcases our ability to host the world’s leading enterprises in finance and technology,” he said.
The establishment of Vanguard’s GCC comes at a time when global financial institutions are increasingly leveraging India’s deep engineering expertise to build technology-driven, scalable, and secure solutions. Hyderabad, in particular, has emerged as a preferred destination due to its robust infrastructure, vibrant tech community, and government support for knowledge-based industries.
Vanguard’s move not only enhances its technological capabilities but also aligns with its broader goal of modernising financial services through responsible innovation. The GCC will play a pivotal role in reimagining client experiences, improving digital platforms, and driving operational efficiency across the company’s global business.
As Vanguard deepens its commitment to India, the Hyderabad centre is expected to foster strong collaborations across global teams, contribute to product development, and lead several next-generation technology initiatives for the investment management firm.
With a focus on innovation, inclusivity, and long-term value creation, Vanguard’s Hyderabad GCC represents a significant milestone in the evolution of global financial technology — one that places India, and Hyderabad in particular, at the forefront of Vanguard’s next decade of digital growth.
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