HYDERABAD: IT and industries minister Duddilla Sridhar Babu on Thursday outlined an ambitious plan to transform Hyderabad into a global city within a decade, through massive infrastructure expansion and attracting top Global Capability Centres (GCCs).
Speaking at the Nasscom GCC Summit 2026 in Mumbai on the theme ‘Beyond Policy: Designed to Win the Global GCC Race’, Sridhar Babu said the government was doubling Hyderabad’s infrastructure to avert “urban collapse” seen in other cities. Key projects include Bharat Future City, AI City, 340-km Regional Ring Road (RRR), metro rail expansion, new airports, Musi river rejuvenation, Young India Skills University and AIKAM Innovation Hub.
Under the ‘Telangana Rising Vision 2047’, the state aims to boost its GDP contribution to India’s 10% by 2047 and reach a $1 trillion economy by 2035. Hyderabad already hosts over 70 new GCCs, the highest in India till last year—spanning tech, banking, life sciences, semiconductors, defence, FMCG, space and hospitality. The government targets 100 more this year, potentially creating one lakh jobs.
“Hyderabad offers cross-pollination of talent no other city can match,” Sridhar Babu said, highlighting presences of top tech giants — Apple, Google, Microsoft, Meta, Nvidia, along with seven of the world’s top ten semiconductor companies, with global capital market engines like Deutsche Börse, London Stock Exchange and banking giants like JPMorgan Chase and Bank of America. He invited investors to elevate the ‘Made in Telangana’ brand globally, positioning GCCs as innovation hubs beyond back-offices.
Nasscom chairman Srikanth and president Rajesh Nambiar attended the event, which discussed AI-led transformation and India’s GCC role.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: deccanchronicle.com
