Hyderabad: Experian, an Irish data and analytics company, opened its new ‘India Development Centre’ in Hyderabad on February 4. The centre was inaugurated by Jayesh Ranjan, principal secretary of the Telangana IT and industries departments.
Experian launched its India Development Centre (IDC) in an attempt to tap into India’s engineering potential. The IDC currently houses 200 engineers and aims to create jobs for approximately 2,500 people by 2024. The centre is located at Cyber Pearl HITEC City in a sprawling area of 35,000 sq.feet.
Alex Lintner, group president of Experian’s consumer information services, said, “We are very pleased to launch the development centre in Hyderabad. The city has emerged as a major hub for technology and innovation, apart from attracting top talent from across the country. Superior infrastructure, good quality education, and a rich talent pool combined with the ease of doing business make it the ideal location for our India Development Centre. Experian has always believed in fostering a culture of continuous innovation and driving financial inclusion across the world to help consumers get easier access to credit.” He further said the centre will work closely with Experian product teams around the globe.
Sathya Kalyanasundaram, country head and managing director of Experian India, said, “We are excited to see Experian’s continued investment in India and view this move as a clear testament to Experian’s commitment to grow the India operations through both organic and inorganic opportunities. Our continued growth in India over the past several years coupled with sustained investments such as these will propel India to play a significant role in Experian’s overall growth story for the years to come.”
The Dublin-based multi-national company said in its statement that the IDC “is another step in Experian’s vision of enabling consumers and businesses in taking prudent financial decisions with the help of technology, analytics and innovation.”