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Two big firms to open their GICs in Hyderabad shortly

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Hyderabad: Adding to the list of companies that are choosing Hyderabad for their operations, two big names will launch their Global In-house Centres (GICs) in the city shortly. One of the them is a Fortune 500 company that operates in the legal domain. The other one is related to stock exchanges.

“You will see two big names launching their GICs here in October and November. This will further strengthen the Brand Hyderabad. Availability of talent and presence of an enabling ecosystem are the key reasons why Hyderabad is being preferred,” said IT Principal Secretary Jayesh Ranjan. He declined to make the company names public at this point of time.

 

On Thursday, property and casualty insurance company player Chubb announced the launch of its business services center here to support its global insurance operations’ information technology, digital and analytics functions.

The city has been doing well in terms of IT exports, which have touched Rs 1.09 lakh crore. Not content with the achievement, Telangana State has been working to attract Global In-house Centres or GICs to increase employment opportunities locally.

GICs are offshore centres with a mandate to do set functions or roles that include research and development, analytics, automation, IT management and development services to the parent enterprises.

GICs also focus on skilling employees to meet demand in AI, cloud computing and data science. These centres tap local talent pool for roles given to them and in the process aid in cost savings for the enterprises. GICs, also referred to as captive centres, have been increasing in number. Hyderabad already boasts presence of some big GICs.

The GIC market is estimated to be about $ 30 billion. Most of the GICs were earlier getting attracted to Bengaluru. But now, Hyderabad has been in the reckoning due its talent pool, availability of infrastructure, presence of ecosystem players. Some of the GICs present in Hyderabad include UBS, Invesco, JP Morgan, Microsoft, Apple, Google and Deloitte among others. Each acts like a talent hub and creates large scale employment. Solutions evolved here will be used in global operations.

The official had earlier suggested real estate consulting player JLL India and other industry stakeholders to promote Hyderabad, which has been successful in attracting big names in IT and ITeS segments, as a GIC destination.

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Assam_Bhayya Celebrity

Assam_Bhayya

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naku telisi avi kuda west hyd lone establish avvochu, ye financial dist or kokapet lono.  TRS mafia nayandla lands anni akkade unnayi, apartment/plots/villa ventures hype cheyadaniki.

Other end of the City 40 km away varaku untunna employees daily city motham  west hyd side drive/travel cheskuntu office ravali. Time, energy, gas/diesel, pollution anni bokka. 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar, ee belts em chesinayo, complete ga neglect chethunnaru.

 

 

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NenuEvaru Side Hero

NenuEvaru

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49 minutes ago, Assam_Bhayya said:

naku telisi avi kuda west hyd lone establish avvochu, ye financial dist or kokapet lono.  TRS mafia nayandla lands anni akkade unnayi, apartment/plots/villa ventures hype cheyadaniki.

Other end of the City 40 km away varaku untunna employees daily city motham  west hyd side drive/travel cheskuntu office ravali. Time, energy, gas/diesel, pollution anni bokka. 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar, ee belts em chesinayo, complete ga neglect chethunnaru.

 

 

Govt has already initiated Look East Policy ..

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Assam_Bhayya Celebrity

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1 hour ago, NenuEvaru said:

Govt has already initiated Look East Policy ..

Initiation lu chesi 10 years cross avthundhi,  no focus on other areas, alaantivi initiatives anni new paper. twitter statements varake. 

Reality lo motham development West side. Anukuni kuda waste le. Day by day traffic perigipothunee undi Madhapur, hitech city, raidurgam, gachibowli financial dist road lo. Raidurgam x road(biodiversity park) to Ikea 1 km stretch lo ayithe inka commercial space kaduthunneee unnaru, my home your home, love da home ani commercial space thayaru avuthunee undhi, already daily morning and evenings bumper to bumper snail pace lo undadhi traffic, inka lakhs of sqft commercial space akkada ready chesthunnaru idiots.

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Gaali_Gottam_Govinda Sr. Hero

Gaali_Gottam_Govinda

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West Hyderabad culture is totally in a different league. 

 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar........... All these places still look like Hyderabad of 80's & 90's.......... uneducated, people throwing trash on roads, people hanging out from seven seater autos, food vendors occupying footpaths, auto drives and truck drivers stop their vehicles to the side in congested traffic.

 

 

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hyperbole Celebrity

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10 minutes ago, Gaali_Gottam_Govinda said:

West Hyderabad culture is totally in a different league. 

 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar........... All these places still look like Hyderabad of 80's & 90's.......... uneducated, people throwing trash on roads, people hanging out from seven seater autos, food vendors occupying footpaths, auto drives and truck drivers stop their vehicles to the side in congested traffic.

 

 

Ledu man ippudu aa areas baga transform ayinayi, I won’t say 1990’s but more like 2005 hitech city levels

 

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Kalam_Youtheman Celebrity

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3 hours ago, Assam_Bhayya said:

naku telisi avi kuda west hyd lone establish avvochu, ye financial dist or kokapet lono.  TRS mafia nayandla lands anni akkade unnayi, apartment/plots/villa ventures hype cheyadaniki.

Other end of the City 40 km away varaku untunna employees daily city motham  west hyd side drive/travel cheskuntu office ravali. Time, energy, gas/diesel, pollution anni bokka. 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar, ee belts em chesinayo, complete ga neglect chethunnaru.

 

 

asal eee area part of  HYD ani evvvaduuu sooosthaaleduuu... past from 10 yrs andhuke akkada lands konna vaaalu antha bakara became....

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Satakarni_bali Sr. Hero

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45 minutes ago, Kalam_Youtheman said:

asal eee area part of  HYD ani evvvaduuu sooosthaaleduuu... past from 10 yrs andhuke akkada lands konna vaaalu antha bakara became....

Akkada plot rates idea unda bro@3$%

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snoww LEGEND

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4 hours ago, Assam_Bhayya said:

naku telisi avi kuda west hyd lone establish avvochu, ye financial dist or kokapet lono.  TRS mafia nayandla lands anni akkade unnayi, apartment/plots/villa ventures hype cheyadaniki.

Other end of the City 40 km away varaku untunna employees daily city motham  west hyd side drive/travel cheskuntu office ravali. Time, energy, gas/diesel, pollution anni bokka. 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar, ee belts em chesinayo, complete ga neglect chethunnaru.

 

 

Infosys tried with uppal campus. But not many prefer to join in that location anta. 

My friends were forced to move to that campus. They don't want to live in that part of the city. So they just work from home majority of the time.

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Kalam_Youtheman Celebrity

Kalam_Youtheman

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On 9/13/2019 at 5:27 PM, Satakarni_bali said:

Akkada plot rates idea unda bro@3$%

yea... cheap compared to other side of HYD andhuke antha interest evvadi soopisthaleduuu

 

ROLF @3$% @3$% @3$% @3$%

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pahelwan Sr. Hero

pahelwan

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23 minutes ago, Kalam_Youtheman said:

yea... cheap compared to other side of HYD andhuke antha interest evvadi soopisthaleduuu

 

ROLF @3$% @3$% @3$% @3$%

Niku telvadi emo. Kompally is hot destination next to manikonda in terms of real estate. 

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RaaoSaab Hero

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On 9/13/2019 at 12:45 PM, Assam_Bhayya said:

naku telisi avi kuda west hyd lone establish avvochu, ye financial dist or kokapet lono.  TRS mafia nayandla lands anni akkade unnayi, apartment/plots/villa ventures hype cheyadaniki.

Other end of the City 40 km away varaku untunna employees daily city motham  west hyd side drive/travel cheskuntu office ravali. Time, energy, gas/diesel, pollution anni bokka. 

Uppal/Pocharam, Adibatla, north hyd like Kompally/jawahanagar, ee belts em chesinayo, complete ga neglect chethunnaru.

 

 

Only hope dramoji rao....aadu gattiga lobbying cheste east side ki investment meeda govt focus chestadi...but aadu cheyatledu...shamshabad airport ki mundu bongloor nadergul areas kuda unde liat lo...he lobbied heavily for bonguloor but central govt didn't approve it as it comes close to bdl and drdl....east was completely neglected by tdp/cong/trs governments....ah tashil munda sabitha sanka nakadniki undi minister ga...east ki represent chesina minster adokkate in last 15 years...

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