Overview
- IT and Industries Minister D. Sridhar Babu inaugurated the new facility in Hitec City with Deputy Chief Minister Mallu Bhatti Vikramarka in attendance.
- The centre will focus on engineering excellence, cloud modernisation, data analytics, artificial intelligence, machine learning, and cybersecurity, with collaborative labs to speed innovation.
- State leaders invited Vanguard to collaborate with local universities and research centres and to consider a future campus in the planned Bharat Future City.
- Officials outlined a goal to anchor 120 Global Capability Centres over the next year, projecting roughly 1.2 lakh jobs supported by targeted deep‑tech training.
- Hyderabad now hosts operations of seven top global asset managers that together oversee more than $30 trillion, underscoring the city’s financial‑technology profile.