The Invest Telangana Global Summit 2026 is expected to bring memoranda of understanding from companies considering new or expanded Global Capability Centres in Hyderabad, with firms from Japan, Canada and the Middle East among those exploring opportunities.
Hyderabad is set to draw a fresh wave of corporate interest at the Invest Telangana Global Summit 2026, with the state government expecting a strong showing from global companies looking to establish or expand Global Capability Centres in the city. Industry sources cited by The Hindu said a sizeable number of firms are likely to sign memoranda of understanding with the government during the three-day event, which runs from December 7 to 9 at Bharat Future City.
The summit is being pitched as a deal-making forum rather than a broad policy showcase. According to the official summit website, the government wants to use the event to court investors and business leaders across aerospace, defence, life sciences, information technology, emerging technologies, electronics, advanced manufacturing and mobility. It will also include dedicated pavilions for aerospace, defence, life sciences and animation, visual effects, gaming and comics, or AVGC.
For Telangana, GCCs have become one of the most important investment pitches. Hyderabad has emerged as one of India’s fastest-growing centres for such operations over the past three years, with industry reports from groups including Anarock-FICCI, Xpheno and UnearthIQ credited with showing that the city has captured a large share of new GCC additions in India. The state government says Hyderabad now hosts more than 500 GCCs and a workforce of more than 300,000 professionals, reinforcing its appeal as a destination for technology and back-office operations.
The city’s strength in banking, financial services and insurance has helped deepen that advantage. The opening of Canadian lender CIBC’s technology centre in Hyderabad earlier this year has raised hopes that other major financial institutions from Canada could follow. Sources in the industries department also told The Hindu that companies from Japan and the Middle East are examining Hyderabad as a base for expanding their Indian operations, with several expected to unveil plans at the summit.
According to industry sources quoted by The Hindu, Telangana has attracted nearly 240 GCCs since the Congress-led government took office in December 2023. Recent arrivals include DoorDash, Billtrust, Merck Sharp & Dohme, Acumatica, Baker Hughes and Regeneron Pharmaceuticals. The government sees these centres as especially valuable because they tend to create higher-paid white-collar jobs and, over time, can evolve into hubs for technology, research and innovation. That marks a shift from the Telangana Rising Global Summit in 2025, which was framed more around the state’s long-term development blueprint than immediate investment commitments.
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