<ul><li>The Telangana government has signed an MoU with the US India Business Council (USIBC) to focus on collaboration in IT, AI, electronics and global capability centers (GCCs).</li><li>Telangana and Hyderabad are positioning themselves as global technology hubs, aiming to drive investment, innovation, and employment opportunities in the field of AI and GCCs.</li><li>Bengaluru currently leads with over 875 GCC units, but Hyderabad is emerging as a strong contender in the GCC race, with the potential to challenge Bengaluru's lead.</li><li>GCCs in India are focusing on talent retention, niche resource partnerships, expansion to more cities, and collaboration with startups for innovation.</li></ul>

Hyderabad Races to Challenge Bangalore’s GCC Lead

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