Vanguard Opens Global Value Center in Hyderabad, Strengthening India’s Role in Financial Technology Innovation
The new center, inaugurated by Telangana IT and Industries Minister D. Sridhar Babu, will drive deep technology, engineering, and digital transformation initiatives across areas such as quantum computing, cybersecurity, artificial intelligence (AI), machine learning (ML), and data science.
Hyderabad, November 3: Global investment management giant Vanguard, the world’s largest asset management company with over $12.5 trillion in assets under management, has inaugurated its Global Value Center (GVC) in Hyderabad — a move that cements the city’s status as a leading global hub for financial innovation and technology.
The new center, inaugurated by Telangana IT and Industries Minister D. Sridhar Babu, will drive deep technology, engineering, and digital transformation initiatives across areas such as quantum computing, cybersecurity, artificial intelligence (AI), machine learning (ML), and data science.
Minister Sridhar Babu lauded Vanguard’s decision, stating, “We’re not here to make noise but to quietly advance Hyderabad as a global technology and innovation hub. Despite global headwinds, we anchored over 70 Global Capability Centres last year and aim for 120 more next year, creating over 1.2 lakh jobs.” He also announced plans for a Global Innovation Hub to foster advanced research and next-generation skills.
With the addition of Vanguard, Hyderabad now hosts all seven of the world’s top asset management firms, including State Street Global Advisors, JPMorgan Asset Management, Goldman Sachs, Invesco, UBS, and Franklin Templeton, collectively managing over $30 trillion in assets—a value nearly equivalent to the combined GDP of India, China, and Japan.
Nitin Tandon, Global CIO at Vanguard, said the Hyderabad GVC represents a “thriving technology ecosystem” and will play a “vital role in advancing innovation to provide investors a world-class digital experience.”
Venkatesh Natarajan, Head of Vanguard India, emphasized that the new office will merge Vanguard’s mission-driven culture of fairness and integrity with India’s world-class technology talent, creating scalable and meaningful capabilities for investors worldwide.
The Hyderabad GVC is expected to strengthen Vanguard’s global digital transformation strategy while contributing to India’s expanding digital economy and reinforcing its leadership in fintech and innovation.
