HYDERABAD: As global investment giant Vanguard gears up to open its first global tech development centre in India at Hyderabad, its global CEO Salim Ramji is visiting Hyderabad as the behemoth gears up to open its largest global tech development centre in the city later this year. This will be Vanguard’s first tech development centre in India.
Ramji is heading a delegation of senior leaders from Vanguard that is meeting Telangana chief minister A Revanth Reddy on Monday afternoon to discuss the investment firm’s plans for Hyderabad in particular, sources said.
Vanguard plans to hire 2,300 techies over the next three to four years for the development centre, Vanguard’s global chief information officer Nitin Tandon told TOI. Currently Vanguard has its presence in India through partners such as Deloitte, Cap Gemini, TCS and Infosys.
The facility will be helmed by Venkatesh Natarajan as principal and head of personal investor digital channels engineering at Vanguard.
The Hyderabad tech development centre will focus primarily on technologies such as AI/ML, Generative AI, cloud engineering, mobile engineering and cybersecurity, Natarajan said.
Tandon indicated that the company plans to begin hiring by mid-2025, starting with around a couple of hundred people this year and going on to ramp up to around 1,000 hires by 2026 end.
It was in December 2024 that Vanguard had announced plans to open its first tech development centre in India at Hyderabad but had not divulged any further details. Vanguard has assets of over $10 trillion globally under management.
