Revanth says Hyderabad ahead in GCC expansion

Telangana Chief Minister Revanth Reddy. File | Photo credit: ANI

Chief Minister A. Revanth Reddy said Hyderabad is witnessing a significant expansion of global corporate presence, with the state government moving ahead of its target to attract 100 new Global Capability Centers (GCCs) to the city this year.

In a social media post on Monday (September 21), the Chief Minister said that over the past two years, the administration has facilitated the establishment of major operational bases in Hyderabad by several multinational companies across sectors. The transformation was the result of his government’s “purposeful governance and decisive performance”.

Among the global companies that are expanding their presence in the city, he mentioned entertainment companies such as Netflix and Warner Bros. Discovery, cosmetics major L’Oréal, healthcare companies Amgen and Eli Lilly and FMCG major Unilever.

The Telangana government has set a target of setting up 100 new GCCs in Hyderabad within a year. According to the Chief Minister, the state was “significantly ahead of schedule” in achieving the goal.

The government has identified Hyderabad as a top GCC destination, especially in technology, life sciences, healthcare, entertainment and other knowledge-intensive industries. In February, the government announced plans for a dedicated GCC zone in Bharat Future City, focusing on global innovation hubs in the life sciences sector.

The state government is also pursuing a policy to expand GCC activities outside the Hyderabad metropolitan region, with officials asked to formulate a comprehensive GCC policy and identify growth clusters along the Nizamabad, Karimnagar and Warangal corridors.

Published – 21 Sep 2026 22:07 IST