Telangana IT Minister KTR inaugurated Goldman Sachs Hyderabad Office As part of its commitment to expand its global center for engineering and business innovation in India. The Goldman Sachs Hyderabad Office is located at Salarpuria Sattva Knowledge City and includes funding across engineering, finance, human capital management, and support for consumer banking.
Three Hyderabad offices will be a center of excellence for consumer banking services, business analytics, and platform engineering, including applying emerging technologies such as artificial intelligence and machine learning. The Hyderabad operations commenced remotely in March this year add currently have about 250 employees. But at the end of 2021, the company is expected that the Hyderabad office will grow to 800 employees. By 2023, the size of the Goldman Sachs Hyderabad office could reach 2,500 employees.
KTR inaugurated Goldman Sachs Hyderabad Office:
— Minister for IT, Industries, MA & UD, Telangana (@MinisterKTR) July 19, 2021
“Goldman Sachs India Services is at the intersection of cutting-edge technology and financial services. We are heading to be in Hyderabad and bring our global expertise to create opportunities for the competitive talent pool and engage meaningfully with communities,” Gunjan Samtani, who heads the entity, said in a statement.
The Goldman Sachs company began operations with level four and the firm will occupy levels 4, 5, and six in Tower three of the building in a phased manner, totaling 1.59 lakh sqft and have a capacity of 1,300 seats.