Hyderabad, Feb 11 (PTI) Swiss multinational funding financial institution and monetary providers firm UBS on Wednesday introduced the opening of its new GCC right here, marking a major step in strengthening its presence within the metropolis and reaffirming its long-term dedication to India.
With the brand new facility, UBS plans so as to add practically 3,000 professionals over the following two years, the Swiss agency stated in a launch.
The state-of-the-art centre additional reinforces Hyderabad’s rising place as a world hub for high-value monetary expertise, operations and GCC (world functionality centre) management, it stated.
On the inauguration, Telangana Minister for IT and Industries D Sridhar Babu stated the town has emerged as a most well-liked location for the world’s most revered monetary establishments, and the UBS selecting to deepen its presence right here displays the town’s credibility as a world expertise and innovation hub.
“The choice of UBS to determine its new centre in Hyderabad displays the boldness world industries place in our institutional stability and progressive coverage framework. We see this as a long-term partnership that strengthens the India–EU–Switzerland hall and provides significant worth to the worldwide monetary providers panorama,” the Minister stated.
Matthias Schacke, Head India Service Firm and Group Operation & Know-how Workplace India stated, “Hyderabad continues to be an vital progress location for UBS, due to its sturdy expertise pool, supportive insurance policies, and glorious infrastructure. We’re trying ahead to additional increasing our tech capabilities, together with AI, whereas enhancing our operations footprint within the location.”