Business EconomyPosted at: Nov 4 2025 5:41PM


Germany's Deutsche Borse to open GCC in Hyderabad soon; to create 1,000 jobs

Hyderabad, Nov 4 (UNI) Hyderabad is set to house a big facility of Global Capability Center (GCC) soon. German company Deutsche Borse today announced that it will open its GCC in Hyderabad soon.
A delegation led by German Consul General Michael Hasper , who met Chief Minister A Revanth Reddy, briefed him about the GCC which is being established as part of the Borse company's expansion.
The new facility will provide at least 1,000 job opportunities in the IT sector in the GCC in the next 2 years.
Thanking the German company for choosing Hyderabad to set up the GCC, the CM said that Hyderabad is the best destination for investments and the government is ready to extend full support to the global investors.
The CM urged the German companies to invest in IT, Pharma and Automobile sectors. The Chief Minister reaffirmed that Telangana is ready to strengthen ties with Germany for more investments.
He also appealed to the German team to extend cooperation to promote Hyderabad an innovation hub.
The German Consul General was requested to appoint German teachers in Hyderabad and to help teach the language to the Telangana students.
The CM appealed to Consul General to provide vocational education and skills development training through the TOMCOM.
Amita Desai, Deutsche Börse CIO/COO Dr. Christoph Bohm, CM Special Secretary Ajith Reddy, Vishnuvardhan Reddy, and others were also present.
UNI KNR PRS
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