Hyderabad as a Global Tech & Business Hub: Growth Metrics, Investment Inflows & Infrastructure Development

By Kumbham Srinivas
Reddy, State Convener TPCC Media & Communication Department.

Hyderabad, Telangana :
Hyderabad has firmly established itself as one of Asia’s most dynamic
technology and business destinations. Once celebrated for its heritage and
culture, the city today stands as a global hub for technology, innovation, life
sciences and corporate investment. This transformation reflects Telangana’s
vast economic potential.

A Magnet for Global
Investment

The scale of corporate
confidence in Hyderabad is evident in recent investment commitments. At the
World Economic Forum in Davos in early 2024, Telangana secured investment
pledges exceeding USD 4.37 billion from global and domestic investors.
Microsoft announced a USD 1.93 billion investment to build its largest data
centre in India here, while Google is developing a 3.3 million square foot
campus in the Financial District, designed to employ nearly 26,000
professionals. These are not isolated commitments, they reflect a sustained,
multi-year trend of global corporations choosing Hyderabad as their preferred
base of operations.

The GCC Surge

Hyderabad’s most
significant recent growth story is the expansion of Global Capability Centres
(GCCs), high-value offshore hubs established by multinational corporations. The
city is home to more than 355 GCCs, employing more than 300,000 professionals.
In 2024-25 alone, 70 new GCCs were inaugurated in Hyderabad, the highest figure
recorded for any Indian city in a single year. Hyderabad’s share of India’s
total GCC count has grown from 14 per cent in 2022 to 19 per cent in 2024,
reflecting strong momentum.

Infrastructure Driving
Growth

Hyderabad’s competitive
edge is reinforced by its infrastructure. Commercial office rents at INR 72 per
square foot remain more than 20 per cent lower than in Bengaluru, offering
significant cost advantages for corporations at scale. The Metro Rail Phase II
expansion, covering 70 additional kilometres, the Regional Ring Road and
continued development of HITEC City and the Financial District are collectively
strengthening the city’s capacity to absorb future growth. Hyderabad also
recorded a 64 per cent appreciation in residential property values between 2019
and mid-2024, the highest among all major Indian cities, underscoring strong
demand driven by economic expansion.

From IT to life
sciences, from data centres to financial services, Hyderabad is no longer
simply a regional success story. It is a city that global businesses are
actively choosing and that choice, backed by data and sustained investment,
speaks for itself.

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