US-based investment giant Vanguard has announced plans to significantly expand its Hyderabad global capability centre, called Vanguard India, to 2,400 employees by 2029. According to reports from The Times of India, the company launched the India office in November 2025 and has already hired about 550 people in Hyderabad in the first five months, aligning with its internal plans. The expansion represents a strategic move by the US investment management firm to deepen its technology and product capabilities in India.
As reported by The Times of India, Vanguard is currently operating from three temporary facilities before moving into a larger permanent office in Hyderabad's Image Towers in the future. The company already had about 2,500 people in India through its sourcing partners before opening its own facility. The investment management firm, which had over $12.5 trillion in assets under management (AUM) as of February 28, 2026, maintains a total headcount of around 20,000 employees globally.
According to The Times of India, Nitin Tandon, managing director and chief information officer at Vanguard, emphasized that the India foray is not a cost-driven move but a talent-led strategy aimed at gaining direct access to specialized skills. The hiring focus is heavily concentrated on engineers, particularly in areas such as artificial intelligence & machine learning, cloud computing, mobile engineering, data & analytics. The company is building full-stack product teams in Hyderabad rather than using India only for distributed delivery, with roles including product owners, engineers, UX specialists, researchers, security engineers, architects, tech leads and heads of product.
As reported by The Times of India, the Hyderabad centre will support Vanguard's broader technology modernisation and digital product agenda, with work handled from the centre including engineering, product development, AI-led capabilities, cloud and cyber functions, and eventually end-to-end product ownership. The company is also focusing on developing AI-powered tools for employees and clients. John Couture, managing director and chief human resources officer at Vanguard, stated that the company sees strong alignment between its long-term talent strategy and India's market, with planning for a second phase of growth while executing the first phase by 2029.
According to The Times of India, Hyderabad was chosen after an evaluation of more than 20 cities, with the final decision narrowing to Hyderabad and Bengaluru. Tandon explained that the city stood out for talent availability, quality of life, infrastructure, urban planning for growth and policy consistency across administrations. Globally, Vanguard has offices across multiple locations in the US as well as in London, Australia and India, with the company planning carefully for a second phase of growth while staying focused on executing the first phase by 2029.
