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Hyderabad's Global Ambition: How German Partnership Aims to Create Innovation Hub

Telangana Chief Minister Revanth Reddy is actively pursuing German collaboration to transform Hyderabad into a global innovation hub. The German delegation confirmed Deutsche Börse's new Global Capability Centre will create 1,000 IT jobs in Hyderabad. The CM also requested German language teachers to enhance local students' international employment prospects. Separate meetings with Amazon Web Services focused on expanding data centre projects across the state.

Key Points: Telangana CM Seeks German Support for Hyderabad Innovation Hub

  • Deutsche Börse launching Global Capability Centre in Hyderabad with 1,000 IT jobs
  • German language teachers to be appointed for better international employment
  • Collaboration through TOMCOM for vocational education and skill development
  • Amazon Web Services discussed data centre expansion plans with CM
2 min read

Telangana CM seeks German support to make Hyderabad global innovation hub

Telangana CM Revanth Reddy meets German delegation, seeks partnership in IT, pharma, and automobiles to develop Hyderabad as global innovation hub with new job opportunities.

"Telangana seeks a strong partnership with Germany in key investment areas, including IT, pharma, and automobiles - A. Revanth Reddy"

Hyderabad, Nov 4

Telangana Chief Minister A. Revanth Reddy has sought Germany's support for the vision to develop Hyderabad as a global innovation hub.

Telangana seeks a strong partnership with Germany in key investment areas, including IT, pharma, and automobiles, he said when a delegation led by German Consul General Michael Hasper called on him here on Tuesday.

The German delegation informed the Chief Minister that Deutsche Börse, a leading global financial services company, is launching its Global Capability Centre (GCC) in Hyderabad as part of its expansion plans.

The Chief Minister expressed his gratitude to the German team for choosing Hyderabad as the destination for setting up the GCC. He assured that the Telangana government would extend full support and cooperation for all future German investments in the state.

According to the Chief Minister's Office, the German representatives briefed the Chief Minister that with the establishment of Deutsche Borse's GCC, about 1,000 new employment opportunities will be created in the IT sector in Hyderabad over the next two years.

Revanth Reddy requested the German delegation to support Telangana's vision to develop Hyderabad as a global innovation hub. He also urged the German Consul General to facilitate the appointment of German language teachers in Telangana, so that local students can learn the German language and improve their international employment prospects.

He also proposed collaboration through Telangana Overseas Manpower Company (TOMCOM) to strengthen vocational education and skill development programs, enabling youth to gain practical industry training.

Meanwhile, a delegation of Amazon Web Services (AWS) also called on the Chief Minister in Hyderabad on Tuesday.

During the meeting, the delegation discussed with the Chief Minister the ongoing data centre projects, expansion plans, and other AWS initiatives in Telangana.

The Chief Minister assured the delegation that the Telangana government will extend full support and cooperation for AWS's present and future investments in the state.

The meeting was attended by Kerry Person, Global Head, AWS Data Centres, Vikram Sridharan, Director, Infrastructure Public Policy, and other officials.

- IANS

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Reader Comments

R
Rohit P
1000 new jobs in IT sector is a welcome step. Hope the government ensures that local talent gets priority in these positions. Hyderabad is already competing with Bangalore as tech hub!
M
Michael C
As someone working in Hyderabad's IT sector for 5 years, I appreciate the focus on vocational training through TOMCOM. Practical skills matter more than just degrees. Good initiative!
A
Anjali F
While I welcome foreign investment, I hope the government also focuses on developing our own innovation ecosystem. We shouldn't become dependent on foreign companies for job creation.
K
Karthik V
German companies are known for quality and precision. This partnership in pharma and automobiles will help Hyderabad industries upgrade their standards. Great move by CM!
S
Sarah B
The combination of AWS data centers and German investments makes Hyderabad a strong contender for global innovation hub. Hope the infrastructure keeps pace with this growth!

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