Hyderabad: Emerging Hub for Global Capability Centres and Strategic Partnerships

Unilever is considering Hyderabad for its Global Capability Centre, as Telangana's Chief Minister highlights partnerships and infrastructural developments. The World Economic Forum event facilitated discussions between Telangana and diverse global entities concerning ambitious economic growth and regional projects. Leading companies are slated to collaborate on technology, agriculture, and infrastructure in the state.

FMCG giant Unilever is examining the potential of establishing a Global Capability Centre (GCC) in Hyderabad, according to announcements made by the Telangana government.

During the World Economic Forum Annual Meeting in Davos, Telangana's Chief Minister A Revanth Reddy engaged with Willem Uijen, Unilever's Chief Supply Chain and Operations Officer, to discuss Hyderabad's development as a strategic GCC hub.

The state government, actively forging international collaborations, introduced 'Telangana Rising 2047'—a vision aiming to develop Hyderabad's economy to USD three trillion by 2047, focusing on infrastructure projects like the Bharat Future City with partnerships involving the UAE and potential contributions from global giants like Google and Royal Philips.

(With inputs from agencies.)