Telangana Secures 150 Global Capability Centers and 1.5 Lakh Tech Jobs in 20 Months
Telangana has solidified its position as a primary destination for high-value technology investments by hosting nearly 150 new Global Capability Centers since late 2024. Minister D. Sridhar Babu highlighted these gains during the inauguration of JLL’s massive new Hyderabad operations hub.
Key takeaways
- Telangana added nearly 150 GCCs and 1.5 lakh tech jobs over the last 20 months.
- JLL Business Services opened a 1.20 lakh sq. ft. facility in Hyderabad, aiming for 1,600 staff.
- GCCs now account for 42% of all office leasing activity within the Hyderabad market.
- The financial services sector leads Hyderabad's GCC activity with a 34.5% share.
- Hyderabad secured 16% of India's total GCC leasing between 2024 and mid-2026.
Strategic Expansion in the Deccan
Telangana IT and Industries Minister D. Sridhar Babu announced on August 6, 2026, that the state has successfully attracted nearly 150 Global Capability Centers (GCCs) over a 20-month period. This influx of foreign investment has resulted in the creation of over 1.5 lakh high-value technology positions. The Minister linked this growth to a deliberate strategy aimed at shielding the local workforce from the disruptions of automation and AI-driven industry restructuring.
JLL Launches Integrated Hub in Hyderabad
The announcement coincided with the opening of a 1.20 lakh sq. ft. facility for JLL Business Services (JBS). Serving as the integrated delivery platform for global real estate giant JLL, this center marks the firm's second Indian hub after Gurugram. Management expects the facility to house 1,600 employees within two years. According to Matthew Rees, Chief Shared Service Centre Officer for JBS, the decision to locate in Hyderabad was based on the region's deep talent pool and its alignment with JLL’s "Accelerate 2030" strategy, which focuses on AI-enabled workflows and process standardization.
Key Facts
- Hyderabad captured 16% of India's total GCC leasing volume between early 2024 and mid-2026.
- Within the city's local real estate market, GCC operations represent 42% of all office leasing activity.
- Financial services and insurance lead the sector distribution at 34.5%, followed by technology at 23.2%.
- Healthcare and biotechnology contribute 17% of activity, while engineering R&D accounts for 12.1%.
- The JBS global network currently employs over 6,500 people across six different countries.
Why It Matters
As global technology firms consolidate traditional IT operations, Hyderabad has transitioned from a standard service hub into a specialized center for innovation. The city now holds a leading position for semiconductor and healthcare-biotech GCC establishments. Minister Sridhar Babu noted that while global companies are restructuring, the local ecosystem provides the stability and infrastructure required for high-value, innovation-driven operations. This shift is supported by a robust real estate pipeline and government policies designed to meet the demands of sophisticated technical sectors.
Source: The Hindu — National
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