DTCC opens new facility in Hyderabad, plans to expand workforce to 2000
timesofindia.indiatimes.com — February 3, 2025, 09:00 PM UTC
The Depository Trust & Clearing Corporation (DTCC) has opened a new facility in Hyderabad, employing 500 skilled workers. The company plans to expand this workforce to about 2,000 in the coming years. The facility's launch was attended by Telangana's IT minister and DTCC executives. The minister highlighted Hyderabad's potential to support global financial services and its growing reputation beyond just IT. Hyderabad is now home to over 120 companies in advanced financial services, positioning it as a hub for fintech, biotech, and AI innovation.