Hyderabad's GCC Boom: 150 Centres, 1.5 Lakh Jobs
Hyderabad is emerging as a powerhouse for Global Capability Centres (GCCs), with the city commanding 16% of India's total GCC leasing activity from 2024 to mid-2026. GCCs now account for 42% of all office leasing in Hyderabad, reflecting a major shift from traditional IT services to high-value engineering and R&D roles. The Telangana IT Minister highlighted that nearly 150 GCCs have set up in the city in just 20 months, creating over 1.5 lakh high-value tech jobs. This growth is complemented by strengths in defence, aerospace, space tech, and data centres, positioning Hyderabad as a key hub for frontier technologies. Key signal: Hyderabad attracted nearly 150 GCCs in 20 months, generating over 1.5 lakh high-value tech jobs, with GCCs accounting for 42% of office leasing in the city. For hiring leaders, this matters because for CHROs and talent leaders, Hyderabad's GCC boom signals a structural shift in where high-value tech jobs are being created. The city is no longer just an IT services hub but a destination for R&D, product engineering, and AI-driven roles. With 42% of office leasing from GCCs, companies expanding in India must consider Hyderabad as a serious alternative to Bengaluru, especially for specialized talent in aerospace, defence, and emerging tech. The 1.5 lakh jobs created in 20 months indicate a competitive talent market, requiring employers to differentiate on compensation, upskilling, and career progression to attract and retain top engineers. Teksands view: Hyderabad is quietly eating Bengaluru's lunch. The numbers are staggering: 150 GCCs in 20 months, 1.5 lakh jobs, and 42% of office leasing. This isn't just about cost arbitrage anymore; it's about deep tech talent in aerospace, defence, and AI. For hiring leaders, this means the talent pool in Hyderabad is getting deeper and more specialized. If you're not looking at Hyderabad for your next GCC or tech centre, you're already behind. The city's ecosystem, with institutions like DRDO and ISRO, plus a strong pipeline from IITs and IIITs, is a goldmine for frontier tech roles. The future is being built here, and it's not in Bengaluru.
Key fact
Hyderabad attracted nearly 150 GCCs in 20 months, generating over 1.5 lakh high-value tech jobs, with GCCs accounting for 42% of office leasing in the city.
Why it matters
For CHROs and talent leaders, Hyderabad's GCC boom signals a structural shift in where high-value tech jobs are being created. The city is no longer just an IT services hub but a destination for R&D, product engineering, and AI-driven roles. With 42% of office leasing from GCCs, companies expanding in India must consider Hyderabad as a serious alternative to Bengaluru, especially for specialized talent in aerospace, defence, and emerging tech. The 1.5 lakh jobs created in 20 months indicate a competitive talent market, requiring employers to differentiate on compensation, upskilling, and career progression to attract and retain top engineers.
The Teksands point of view
Hyderabad is quietly eating Bengaluru's lunch. The numbers are staggering: 150 GCCs in 20 months, 1.5 lakh jobs, and 42% of office leasing. This isn't just about cost arbitrage anymore; it's about deep tech talent in aerospace, defence, and AI. For hiring leaders, this means the talent pool in Hyderabad is getting deeper and more specialized. If you're not looking at Hyderabad for your next GCC or tech centre, you're already behind. The city's ecosystem, with institutions like DRDO and ISRO, plus a strong pipeline from IITs and IIITs, is a goldmine for frontier tech roles. The future is being built here, and it's not in Bengaluru.
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