UBS expands its presence in Hyderabad with opening of a new office

“Telangana is building a strong ecosystem for Global Capability Centers, and we are pleased to see UBS expand its presence in Hyderabad. UBS has emerged as a strong partner in Telangana’s growth story, bringing global scale and deep capabilities to the state’s GCC ecosystem. We view this expansion as a long-term partnership in growth that strengthens Hyderabad’s role in global services while contributing to the broader India–Switzerland economic relationship,” said Shri D. Sridhar Babu, Minister for Information Technology, Electronics & Communications, Industries & Commerce, Government of Telangana, who was present for the inauguration.

The new office marks the next phase of UBS’s growth in Hyderabad. Since establishing operations in the city in 2020, UBS has steadily scaled its teams and capabilities. With this expansion, UBS expects to hire another 2000 professionals in the coming months, doubling its workforce in the city. UBS already has offices in Pune (Kharadi), Navi Mumbai (Airoli) and Hyderabad (Gachibowli).

“Hyderabad continues to be an important growth location for UBS, thanks to its strong talent pool, supportive policies, and excellent infrastructure. We’re looking forward to further expanding our tech capabilities, including AI, while enhancing our operations footprint in the location,” said Mr. Matthias Schacke, Head India Service Company and Group Operations & Technology Office India.

“The Trade and Economic Partnership Agreement (TEPA) will further strengthen the already robust economic ties between Switzerland and India. It will create new opportunities for businesses and individuals in both countries through investment, manufacturing and trade, as well as by generating more jobs. UBS's growing presence in India aligns with this vision, reinforcing India‘s role as a strategic hub for supporting global innovation and service delivery on a large scale,” said Dr. Angela Honegger, CEO & Consul General at Swissnex in India, Consulate General of Switzerland.

For more than a decade, UBS’s teams in India have been contributing to the firm’s global platform with depth and scale across technology, finance and operations. This expansion in Hyderabad strengthens that journey, including new and emerging areas such as artificial intelligence by creating more space for collaboration, diverse expertise, and opportunities that will help shape the future of UBS’s business.

About UBS

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.9 trillion dollars of invested assets as per third quarter 2025. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm is operating in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

Headquartered in Zurich, Switzerland, UBS operates in major financial centres across the globe, with offices in more than 50 markets. UBS Group AG employs more than 107,000 people worldwide as of 2025. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
For more information, visit www.ubs.com/india