Swiss banking major UBS has inaugurated a new Global Capability Centre (GCC) in Hyderabad, marking a significant expansion of its India operations. As part of this strategic move, the financial services giant plans to recruit around 3,000 professionals over the next two years, reinforcing its long-term commitment to the Indian market.

Key Highlights

• UBS launches new Hyderabad GCC to strengthen global operations and accelerate technology-driven financial services growth.
• Swiss banking giant plans to hire 3,000 professionals, boosting employment and Hyderabad’s global capability centre ecosystem.

The state-of-the-art facility will strengthen UBS’s capabilities across technology, digital operations, artificial intelligence, and finance functions, while enhancing operational efficiency and innovation. The expansion is expected to nearly double the company’s workforce in the city, further positioning Hyderabad as a key global hub for high-value financial and technology services.

UBS highlighted Hyderabad’s strong talent pool, world-class infrastructure, and supportive policy environment as major drivers behind the decision. The new centre is also expected to deepen collaboration across the India–EU–Switzerland corridor, contributing to the global financial ecosystem.

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State officials welcomed the development, citing it as a strong endorsement of Telangana’s growing stature as a preferred destination for multinational firms. With major global players increasingly choosing Hyderabad for advanced technology and operational roles, the city continues to consolidate its status as a leading Global Capability Centre hub in India.