UBS Opens New Global Capability Centre in Hyderabad, Plans 3,000 Hires
UBS expands its India footprint targeting 3,000 new hires over the next two years to strengthen AI and technology operations.
Hyderabad, India – Swiss banking giant UBS has launched a new Global Capability Centre (GCC) in Hyderabad, marking a significant step in strengthening its presence in India. The centre is expected to create nearly 3,000 jobs over the next two years, further solidifying Hyderabad’s position as a global hub for high-value financial technology and operations ¹.
Telangana IT and Industries Minister Sridhar Babu inaugurated the tech hub, praising the region’s ecosystem for supporting the development of technology and software projects. “Hyderabad has emerged as a preferred location for the world’s most respected financial institutions,” Babu said. “UBS choosing to deepen its presence here reflects the city’s credibility as a global talent and innovation hub.”
The new GCC will enhance collaboration and further work in areas such as artificial intelligence (AI), according to the company. UBS Country Head India Service Company and Group Technology Officer Matthias Schacke emphasized the importance of Hyderabad as a growth location for the company, citing its strong talent pool, supportive policies, and excellent infrastructure.
“Hyderabad continues to be an important growth location for UBS, thanks to its strong talent pool, supportive policies, and excellent infrastructure,” Schacke said. “We look forward to further expanding our tech capabilities, including AI, while enhancing our operations footprint in the location.”
The expansion comes after UBS reported plans to reduce its workforce by 10,000 by 2027, although the company declined to confirm the figures. Despite this, UBS posted a net profit attributable to shareholders of $1.2 billion in the fourth quarter of 2025, up 56% from a year earlier
