Telangana IT Minister Sridhar unveils vision for GVCs to transform Hyderabad into tech hub

HYDERABAD: IT and Industries Minister D Sridhar Babu has announced the introduction of Global Value Centres (GVCs), a groundbreaking initiative to elevate Hyderabad from a back-office powerhouse to a leader in global technology and innovation. The move is an upgrade from the current Global Capability Centres (GCCs) model.

“For years, Hyderabad has been the engine room for GCCs, powering global enterprises with technology and business operations. Now, we are shifting gears—from GCCs to GVCs. This isn’t just an upgrade; it’s a tectonic shift.