Tuesday, March 4, 2025
More
    HomeHyderabadHyderabad rapidly growing as India's Silicon Valley says Minister

    Hyderabad rapidly growing as India’s Silicon Valley says Minister

    Related stories

    VP Dhankhar says innovation is the key to overcoming challenges

    Vice President Dhankhar Emphasizes Innovation and Economic Nationalism at...

    Engaging discussions on various topics take place at TEDx event

    Hyderabad: Anurag University hosted TEDxAnuragU 2025 with the theme...

    CM criticizes Kishan for delaying Telangana projects

    Revanth Reddy Criticizes Kishan Reddy, Praises PM Modi ...

    Viswam Edutech hosts 18th Skill Carnival in Hyderabad

    Viswam Edutech Hosts 18th Skill Carnival in HyderabadHyderabad: Viswam...

    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.

    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.

    - Advertisement -

    The new GCC currently employs 750 people and plans to expand its workforce to 2,250 by 2027. The center will focus on advanced areas like AI, machine learning, cloud computing, and cyber security. It aims to support over 1,000 companies across regions like the US, Canada, Africa, and Australia. Hyderabad’s strong mix of talent, infrastructure, and supportive government policies has made it a key destination for such projects.

    - Advertisement -
    Also read:  Huge fire breaks out at Dewan Devdi market, destroying 30 shops

    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.”

    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here