Charles Schwab's First Technology Development Centre To Be In Hyderabad

Charles Schwab, a global leader in financial services, has chosen Hyderabad as the prospective location for its first technology development centre in India.

This significant decision follows fruitful discussions between Chief Minister A Revanth Reddy and IT Minister Sridhar Babu, and senior Schwab executives Dennis Howard, Rama Bokka and others at Charles Schwab's world headquarters in Dallas.

The Chief Minister assured that his government was committed to guiding Schwab through all the necessary formalities for establishing its presence in Hyderabad, and ensuring swift access to the necessary talent for a rapid ramp-up.

Schwab's executives expressed confidence and enthusiasm, and appreciated the proactive support from the government as a promising indicator of a successful collaboration.

Charles Schwab is currently waiting for the final approvals for the upcoming centre and to delegate a team to India for officially establishing the Schwab Technology Centre in Hyderabad.