‘Hyderabad provides impetus for growth in GCC India’: Telangana Information Technology Minister at the launch of Policy Center at Mahindra University

Mahindra University on Tuesday announced the establishment of an Economic Policy Center to advance research and policy dialogue on key economic issues, with Telangana IT Minister D Sridhar Babu highlighting Hyderabad’s growing dominance in the Global Competency Center (GCC) ecosystem.Speaking at the inaugural event themed ‘Hyderabad: Powering the Indian GCC Ecosystem’, Babu highlighted the role of national policies in attracting global businesses. “Hyderabad has emerged as an attractive destination as a global competency hub, driven by its strong infrastructure, progressive policy environment and deep talent pool. As global businesses seek to build resilient and future-proof operations, we must continue to strengthen our ecosystem through innovation, research and industry collaboration. Platforms like the Economic Policy Center play an important role in shaping the ideas that will drive India’s next phase of transformation. “Telangana is well-positioned to lead the next phase of digital transformation, he added, stressing the importance of collaboration between academia and policymakers.Dr Yajuru Meduri, Vice-Chancellor of Mahindra University, said, “The Center for Economic Policy will help drive meaningful dialogue on issues relevant to India’s growth story, starting with Hyderabad emerging as a leading center in the GCC. We are creating an ecosystem that ensures our research directly contributes to the country’s socio-economic blueprint, marrying academic rigor with real-world applications.”“The event brought together policymakers, economists and industry leaders to discuss factors driving Hyderabad’s emergence as a GCC hub, including policy support, infrastructure, investment inflows and availability of skilled talent.Dr Niranjan Banik, Head of the Centre, said: “The establishment of the Economic Policy Center comes at a time when India is deepening its role in global value chains and capability-led services. Our first event on the GCC will bring together diverse perspectives to understand how policy, talent and infrastructure can enhance India’s competitiveness. “Development economist Dr Aamir Ulla Khan stressed the need for closer public-private collaboration, saying “the time is ripe for India’s private universities to take the lead and work closely with the government in research and training.”