UBS Opens India Tech Center With Plans for 3,000 Jobs
Swiss banking giant UBS has opened a new technology center in India with plans to add 3,000 jobs to expand various capabilities.
UBS has opened a new global capability center in Hyderabad, India, according to a statement, to support its global platform across technology, finance and shared services, with an emphasis on expanding capabilities in areas such as artificial intelligence. The bank plans to add a total of 3,000 professionals in the facility over two years.
«The decision of UBS to establish its new centre in Hyderabad reflects the confidence global industries place in our institutional stability and progressive policy framework. We see this as a long-term partnership that strengthens the India-EU-Switzerland corridor and adds meaningful value to the global financial services landscape,» said D. Sridhar Babu, minister for IT and industries in the south-central Indian state of Telangana.
«Hyderabad continues to be an important growth location for UBS thanks to its strong talent pool, supportive policies and excellent infrastructure,» added Matthias Schake, head India service company and group operations & technology office India.
Aside from Hyderabad, UBS already has offices in Pune and Navi Mumbai within India.
