Octave opens 2 lakh sq ft Hyderabad GCC, hiring 1,600

Nasdaq-listed Octave Intelligence, spun off from Hexagon AB in 2025, has opened a 200,000 sq ft global technology and innovation centre in Hyderabad. The facility will focus on software engineering, AI, data, cloud, and product development, and currently employs 1,600 professionals with plans to expand to 2,000. Telangana IT Minister D. Sridhar Babu inaugurated the centre, highlighting Hyderabad's growing appeal for GCCs. The state welcomed 75 new GCCs last year and aims for 100 more by next year, signalling continued momentum in India's tech hub. Key signal: Octave Intelligence inaugurated a 200,000 sq ft global tech centre in Hyderabad with an initial workforce of 1,600, planning to scale to 2,000. For hiring leaders, this matters because this expansion underscores Hyderabad's strengthening position as a premier GCC destination, driven by engineering talent and ecosystem stability. For hiring leaders, it signals sustained demand for AI, data, and cloud skills, and intensifying competition for senior tech talent in the region. The state's aggressive GCC targets suggest a pipeline of new roles, making it critical for companies to benchmark compensation and retention strategies. The focus on product development and real-time intelligence indicates a shift towards higher-value work in Indian centres. Teksands view: Another GCC plant in Hyderabad? Yawn. But the 1,600-strong start and the 2,000 target tell you where the puck is heading: AI, data, and cloud are the new core. If you're not already fishing in Hyderabad's talent pool, you're late. And with Telangana chasing 100 more GCCs, expect salary inflation for AI engineers to get uglier. Start benchmarking now.