BASF, the world’s largest chemical company by revenue and a Fortune Global 500 company, has announced plans to establish a Global Digital Hub (GCC) in Hyderabad. The new facility is scheduled to become operational in the first quarter of 2026. This development marks the second Fortune 500 GCC announcement for the year 2026, following a similar move by LPL Financial. The German chemical giant’s decision reinforces Hyderabad’s position as a preferred destination for multinational corporations seeking to establish their global capability centers in India.
The announcement comes on the heels of an exceptional year for Hyderabad’s technology and business ecosystem. The city concluded 2025 with remarkable success in attracting global capability centers, securing 35+ Fortune 500 GCCs throughout the year. This achievement demonstrates the city’s growing appeal among the world’s largest and most prestigious corporations. The momentum has carried forward into the new year, with BASF becoming one of the early major announcements for 2026.
Beyond Fortune 500 companies, Hyderabad witnessed a broader expansion in its GCC landscape during 2025, with a total of 86 new GCCs choosing the city as their base. This surge in investments highlights the city’s competitive advantages, including its robust technology infrastructure, availability of skilled talent, supportive government policies, and established reputation as a global IT and business services hub. The diverse range of companies establishing operations in the city spans multiple sectors, from finance and chemicals to technology and consulting.
The establishment of BASF’s Global Digital Hub is expected to create employment opportunities and contribute to Hyderabad’s growing reputation as a center for digital innovation and global business operations. The city continues to compete with other major Indian metros like Bengaluru, Pune, and Chennai in attracting multinational investments. With the strong start to 2026, Hyderabad appears positioned to maintain its momentum in securing new GCC investments throughout the year.
