Hyderabad, March 31 -- Investment company Vanguard will soon set up its first Global Capability Center (GCC) in Hyderabad, creating 2,500 jobs over the next four years, the company announced on Monday, March 31. The Hyderabad office is expected to open later this year.

Vanguard's chief executive officer (CEO), Salim Ramji, met Telangana chief minister A Revanth Reddy and discussed its expansion. The center will serve as an innovation hub, mainly hiring engineers, focusing on Artificial Intelligence (AI), Data and Analytics, and Mobile Engineering.

"Hyderabad has a conducive environment for quality of life, technological expertise and innovation, along with diverse talent. The support provided by the state government has made Hyderabad a...