Experian, one of the world’s largest data, analytics and decisioning company, plans to expand its Global Innovation Center (GIC) in Hyderabad to 4,000 techies over the next three to five years.
The US$30 billion turnover American-Irish consumer credit reporting giant currently employs around 1,100 people at its Hyderabad GIC, which is the company’s only technology development center in India and is part of its global network of development centers. The company’s first GIC opened in Hyderabad in early 2020.
Telangana IT & Industries Minister K T Rama Rao officially inaugurated the new, expanded facility, which spans 30,000-40,000 sq ft over two floors at Cyber Pearl in Hitech City. The Minister revealed that the company has plans to continue growing in Hyderabad and India, and that he has learned from the company’s bigwigs that in five years, India will be the location with the second largest employee base for Experian, with Hyderabad serving as the epicenter of its India presence.
Neeraj Dhawan, Country Manager, Experian India, stated that the expansion of the Hyderabad GIC demonstrates the company’s commitment to the Indian market and its goal is to drive financial inclusion and continuous innovation to provide customers with better credit access. In a similar vein, Jacky Simmonds, Global Chief Human Resources Officer, Experian, said that the expansion will help the company advance its innovation strategy and use the talent in India.