{
  "id": 5486651,
  "title": "Hyderabad on new growth orbit",
  "url": "https://urgent.news/2026/09/04/hyderabad-on-new-growth-orbit",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-04T03:36:32.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/cities/Hyderabad/hyderabad-on-new-growth-orbit/article71424590.ece"
  },
  "original_language": "en",
  "account": "Hyderabad, known for its welcoming attitude towards new investments, has developed a diversified industrial landscape encompassing pharmaceuticals, chemicals, engineering, Life Sciences, defense and aerospace, space technology, electric mobility, electronics manufacturing, and data centers. The city has become a preferred destination for Global Capability Centres (GCCs) of multinational corporations, which have added a new dimension to its technology ecosystem alongside the software products and services industry. Unlike back office operations, these GCCs function as integral parts of their parent organizations, creating value across various IT, R&D, and customer support functions. JLL Business Services opened a 1.20 lakh sq. ft. GCC in Hyderabad, highlighting the city's potential as a powerhouse for GCCs in India due to its strong talent base, world-class infrastructure, and business-friendly ecosystem. Telangana IT and Industries Minister D. Sridhar Babu reported that Hyderabad has attracted nearly 150 GCCs in 20 months, creating over 1.5 lakh high-value technology jobs. The city is also a major defense and aerospace solutions hub, as well as a leading drone manufacturer. Furthermore, Hyderabad is making strides in Spacetech, with Skyroot Aerospace becoming the first private Indian company to launch an orbital-class rocket from Indian soil. Data centers and electric mobility are other emerging sectors attracting attention. A robust ecosystem comprising deep technology and engineering talent, premier research institutions, and enabling platforms such as the T-Hub incubator underpins these developments. Key institutions include DRDO, DRDL, RCI, NRSC, and ADRI, a satellite data processing facility. Hyderabad's strengths in aerospace and defense, coupled with a strong network of SMEs, emerging technology companies, and young engineers, position it well to build complex frontier technologies and advance India's space-tech growth. The future of the city depends on the timely development of the Future City, AI City, Space City, and Data Centre hub.",
  "summary": "In the recent years, the city has emerged as preferred destination for Global Capability Centres, creating value across IT, R&D, customer support operations and intellectual property-related functions",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}