PepsiCo Sets Up Biz Hub In Hyderabad, Two More MNCs To Follow

Putting up a competitive front for Bengaluru, the south Indian city of Hyderabad is upping its ante as a hub for emerging tech companies. After housing research and development labs for companies such as Adobe, State Street, PayPal in the last few months, the city is now set to have two more large-scale global in-house centres for major MNCs.

Jayesh Ranjan, the IT Principal Secretary told a leading news daily, “You will see two big names launching their GICs here in October and November. This will further strengthen the Brand Hyderabad. Availability of talent and the presence of an enabling ecosystem are the key reasons why Hyderabad is being preferred.”


Sign up for your weekly dose of what's up in emerging technology.

Reportedly, these two big names will launch their GICs in the city shortly. In fact, one of them is a Fortune 500 company that operates in the legal domain. The other one is related to stock exchanges.

Beverage giant PepsiCo is also setting up one of its largest business services hubs in Hyderabad. Reportedly, the company has taken up 3.8-lakh square feet of space in IT SEZ Laxmi Infobahn, and plans to hire 2,500 people over the next three years.

In 2019, Hyderabad saw the highest annual increase in median salaries for analytics professionals at almost 5% — from 10.2 lakh in 2018 to 10.7 lakh.

More Great AIM Stories

Prajakta Hebbar
Prajakta is a Writer/Editor/Social Media diva. Lover of all that is 'quaint', her favourite things include dogs, Starbucks, butter popcorn, Jane Austen novels and neo-noir films. She has previously worked for HuffPost, CNN IBN, The Indian Express and Bose.

Our Upcoming Events

Conference, in-person (Bangalore)
Machine Learning Developers Summit (MLDS) 2023
19-20th Jan, 2023

Conference, in-person (Bangalore)
Rising 2023 | Women in Tech Conference
16-17th Mar, 2023

Conference, in-person (Bangalore)
Data Engineering Summit (DES) 2023
27-28th Apr, 2023

Conference, in-person (Bangalore)
MachineCon 2023
23rd Jun, 2023

3 Ways to Join our Community

Discord Server

Stay Connected with a larger ecosystem of data science and ML Professionals

Telegram Channel

Discover special offers, top stories, upcoming events, and more.

Subscribe to our newsletter

Get the latest updates from AIM