Unilever Eyes Hyderabad for Global Hub After Davos Discussions

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AuthorKavya Nair|Published at:
Unilever Eyes Hyderabad for Global Hub After Davos Discussions
Overview

Global consumer goods giant Unilever is considering establishing a Global Capability Centre in Hyderabad. Telangana's Chief Minister met with Unilever executives at the World Economic Forum in Davos to discuss the potential investment. The state is actively promoting its growing tech ecosystem and talent pool to attract major international corporations.

Investment Discussions at Davos

The Telangana delegation, led by Chief Minister A. Revanth Reddy, actively presented Hyderabad's credentials at the World Economic Forum Annual Meeting in Davos. They highlighted the city's rapidly developing role as a Global Capability Centre (GCC) hub, emphasizing its deep talent pool, robust digital infrastructure, and supportive policy environment. Unilever's Chief Supply Chain and Operations Officer, Willem Uijen, reportedly expressed significant interest in exploring the establishment of such a centre in Hyderabad.

Hyderabad's Growing Appeal

State IT and Industries Minister D. Sridhar Babu pointed to Hyderabad's existing success in attracting global capability centres, citing giants like McDonald's, Heineken, and Costco. This demonstrates the city's established position as a key node for international corporate operations. The Telangana government is pushing its "Telangana Rising 2047" vision, aiming to transform the state into a USD three trillion economy by 2047.

Broader Partnerships

Beyond Unilever, the delegation engaged in multiple high-profile meetings. The UAE expressed interest in partnering on the proposed Bharat Future City project near Hyderabad. Google committed support for traffic control, cybersecurity, agriculture, and climate change initiatives, following discussions on regional economic frameworks. Health tech company Royal Philips evinced interest in AI collaboration, especially with the launch of Telangana's new life sciences policy aiming for a USD 250 billion sector by 2030.

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