GCCs to Drive Telangana's Economic Growth: Minister Sridhar Babu

Telangana IT and Industries Minister Duddilla Sridhar Babu said Global Capability Centres (GCCs) would play a crucial role in driving the state's economic growth. He stated that the government was working systematically to position GCCs as key contributors to the economy, with a focus on technology, industrial development and skill enhancement. On Thursday, the minister formally inaugurated the Global Capability Centre established by Mars, the parent company of globally recognised brands such as Snickers, Pedigree and Royal Canin. Spread across 60,000 square feet in Gachibowli Financial District, the centre is expected to strengthen Hyderabad's position as a global technology and innovation hub. Sridhar Babu said the government's vision was to transform Hyderabad from a traditional IT services destination into a global knowledge-driven economy.

The minister highlighted efforts to connect the IT/ITeS sector with other industries to attract investments and generate more employment opportunities. He added that the Telangana Rising 2047 vision places strong emphasis on technology, industries and skill development. Established in collaboration with Genpact, the Mars GCC is expected to provide employment to more than 400 people initially, with the workforce projected to grow to 1,000 in the coming years. The centre will strengthen Mars' global operations by enhancing its digital, data and artificial intelligence capabilities. Mars Chief Financial Officer Claus Aagaard, Genpact representative Tarun Chopra and US Consulate General Hyderabad representative Emilia B. Smith were among those present at the inauguration.