Vanguard to Set Up Global Capability Center in Hyderabad, Creating 2,300 Jobs
1 APR 2025 / 03 min read
Vanguard, the world's largest mutual fund manager, is setting up a Global Capability Center (GCC) in Hyderabad, creating 2,300 jobs over the next four years.
The company, which manages $10 trillion in global assets and serves over 50 million investors, will formally open its Hyderabad office later this year. The GCC will serve as an innovation hub, supporting Vanguard's IT mission and goals, driving AI strategy, and unlocking the potential of data and analytics.
According to a government statement, Vanguard's CEO Salim Ramji met with Telangana Chief Minister A Revanth Reddy and top officials to finalize the plans. The company will immediately begin hiring engineers with expertise in artificial intelligence, data analytics, and mobile engineering.
Vanguard's move is the latest in a series of investments by global companies in India's GCC sector. The country's talent pool, favourable business environment, and government incentives have made it an attractive destination for companies looking to set up innovation hubs and drive digital transformation.
The Hindu Business Line reported that Vanguard's Hyderabad office will become a key hub for the company's global operations, supporting its mobile-first initiatives and driving innovation in the financial services sector.
This development is expected to further boost India's reputation as a hub for GCCs, with companies like Google, Amazon, and Microsoft already having a significant presence in the country.
