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    HomeHyderabadHyderabad rapidly growing as India's Silicon Valley says Minister

    Hyderabad rapidly growing as India’s Silicon Valley says Minister

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    DarkMatter Opens Global Capability Centre in Hyderabad

    Hyderabad has taken another big step in becoming a global technology hub. DarkMatter India Technologies, part of the Perseus Group under Constellation Software Inc (CSI), has opened its new Global Capability Centre (GCC) in the city. This new center is designed to drive innovation in cutting-edge technologies.

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    The launch event was attended by top industry leaders and government officials, highlighting Hyderabad’s growing importance on the global tech map. Telangana continues to attract major Fortune 500 companies, strengthening India’s position in the global Artificial Intelligence (AI) revolution.

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    D Sridhar Babu, Telangana’s Minister for IT, Electronics, and Commerce, called the launch a “watershed moment” for the state. He noted that the city is no longer just known for pearls or its pharmaceutical industry.

    “Hyderabad is becoming India’s answer to Silicon Valley in the BFSI (Banking, Financial Services, and Insurance) sector,” he said. “With top BFSI companies like Wells Fargo, Goldman Sachs, and now DarkMatter choosing Hyderabad, we are shaping a new story of technology-driven growth.”

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