Business Economy


Techwave opens Next Generation office & AI Engineering Hub in Hyderabad

Hyderabad, Dec 14 (UNI) Techwave, a leading global IT and engineering solutions firm, on Saturday announced the inauguration of its second office space in Hyderabad and the opening of its first AI Engineering Hub.
This state-of-the-art facility, spanning over 100,000 square feet, is designed to provide a next-generation work environment. It reinforces our commitment to overall growth and to fostering an innovative space for our associates to better support our clientsT, the IT company said in a release here.
The new facility, located in Tech Park, Financial District, outskirts of the city, was inaugurated by Telangana IT and Industries Minister D Sridhar Babu.
The new facility will serve as a significant catalyst for supporting our growth expansion across all of our service lines including our expanded service offerings in AI.
The facility, set to accommodate around 1,200 associates, marks another major step in Techwave’s expansion in Telangana.
Alongside its two locations in Hyderabad, the company is strengthening its regional presence with a growing office in Khammam, which currently houses over 400 associates and is steadily expanding.
The launch of Techwave's new AI Engineering Hub represents a pivotal step in our mission to revolutionize enterprises by harnessing the transformative power of artificial intelligence.
Designed as a cutting-edge center of excellence, this hub will enable dynamic collaboration with
our clients to unlock AI-driven innovation and solve complex business challenges.
Equipped with world-class infrastructure and deep expertise, this hub empowers clients to elevate their AI capabilities, accelerate operational growth, and lead confidently in the rapidly evolving digital landscape.
“This year marks a special double celebration for us—Techwave's 20th anniversary and the unveiling of our cutting-edge office space, and we couldn’t ask for anything more," said Damodar Rao Gummadapu, Co-Founder & Chairman of Techwave, during the occasion.
With over 3,000+ associates globally, we are more committed than ever to continuing our evolution and delivering outstanding value to our associates, clients, and partners.
With world-class amenities, the new facility is intended to enhance associate's well-being, productivity, and creativity, empowering our team to lead the next generation of tech innovation,
he added.
Speaking on the occasion, Raj Gummadapu, CEO & Co-Founder of Techwave, said, “The inauguration of our second office in Hyderabad and the opening of our first AI Engineering Hub
marks a significant milestone in the evolution of Techwave's Global Services. This expansion is not only a testament to our growth but also to our ongoing commitment to delivering exceptional value to our clients worldwide. We are confident in the immense potential of our skilled talent to deliver high-quality services, drive innovation, and ensure operational excellence.
Chandra Rao, Senior Vice President, Managing Director, India Operations of Techwave, said, “This facility will enhance client engagements and strengthen our focus on driving innovation across the industry. We are confident this new facility will enable greater success for both our team and our clients".
UNI KNR BM
More News

Tesla to hold shareholder vote on whether to invest in xAI

15 Jul 2025 | 4:56 AM

New York, July 14 (UNI) Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said.
“If it was up to me, Tesla would have invested in xAI long ago,” Musk said in a post on his social media platform X, which itself is a part of xAI, on Sunday.

see more..

Reddit starts verifying ages of users in UK

15 Jul 2025 | 4:25 AM

London, July 15 (UNI) Reddit has announced it is introducing age verification technique on its UK site to stop people aged under 18 from looking at "certain mature content".

see more..

Traders oppose RMC’s annual hike in hoarding fees, cite policy violation

14 Jul 2025 | 10:46 PM

Ranchi, July 14 (UNI) Members of the Indoor-Outdoor Sub-Committee of the Jharkhand Chamber of Commerce have raised objections to the Ranchi Municipal Corporation (RMC) for implementing an annual 10 pc increase in hoarding fees, calling it a violation of the prescribed norms.

see more..

Subhankar Sen takes over as BPCL Marketing Director

14 Jul 2025 | 9:37 PM

Kochi, July 14 (UNI) Bharat Petroleum Corporation Limited (BPCL), one of India’s leading integrated energy companies, has announced that Subhankar Sen has taken over as Director (Marketing) of the company.

see more..

LIC gets new CEO and MD

14 Jul 2025 | 9:01 PM

Chennai, July 14 (UNI) The Union Finance Ministry today appointed R Doraiswamy
as the CEO and MD of Life Insurance Corporation of India.

see more..