3 days ago
$15 billion to be invested on transformative infrastructure in Telangana, says Minister for IT
Telangana has drawn up plans to create transformative infrastructure with $15 billion investment as part of a bold, integrated vision to make Hyderabad liveable, inclusive, globally competitive as well as a truly sustainable city, said Minister for Industries and IT D. Sridhar Babu.
Listing AI City, Sports City, Young India Skills University, EV mobility initiatives and Regional Ring Road, which will connect Tier-2 and Tier-3 hubs, among the proposed transformative infrastructure, he said the government's vision is to build a globally competitive and sustainable urban economy. In doing so, the focus will not just be on scale, but on balanced growth too, one ensuring development beyond Hyderabad, in Tier-2 and Tier-3 cities, through strategic investments in infrastructure, talent and connectivity.
Mr. Sridhar Babu, who was inaugurating sports streaming platform DAZN's global capability centre in Hyderabad, called upon GCCs to integrate ESG in their strategy. Together, 'we can build a resilient, future-focused GCC ecosystem that inspires the world,' the Minister's office said on Friday in a release.
DAZN's decision to set up the sport-tech GCC is a testament to Hyderabad's growing reputation as a global hub for innovation-led operations. Telangana is one of the fastest-growing destinations for GCCs, with Hyderabad witnessing addition of nearly one new GCC every week.
DAZN to invest ₹500 crore
DAZN has chosen Hyderabad as a strategic base for its global sports-tech operations. Its Hyderabad GCC is set to become the company's largest global operations hub, employing approximately 3,000 professionals by 2026.
With a ₹500 crore investment over next three years, the company's new centre marks a significant strategic expansion of DAZN's footprint in India and Telangana. It will drive development of next-generation sports technology by scaling engineering and product innovation, building advanced AI and real-time analytics platforms, Mr. Sridhar Babu's office said.
The company has been expanding footprint in India since setting up a CoE in Hyderabad in 2023. In just two years, DAZN has scaled to over 1,500 employees, including highly skilled engineers, data scientists and developers and firmly established Hyderabad as one of its key global technology and operations hubs.
Chief Technology Officer Sandeep Tiku said: 'Hyderabad has been a perfect destination for DAZN to grow its technology and product operations, thanks to the State government's progressive policies, world-class infrastructure and highly skilled talent pool.'
