Hyderabad: Global chemicals biggie BASF plans to set up its global service hub and a global digital hub in Hyderabad in the current quarter of 2026, marking a major investment in the city’s growing global capability centre (GCC) ecosystem.The two hubs will operate as separate legal entities — BASF Global Business Services Private Limited and BASF Digital Solutions Private Limited. They will serve as integrated centres supporting its global operations across key functions, including finance, human resources, supply chain, regulatory services and in-house consulting, while also driving digital transformation and process standardisation across the company’s global businesses, Telangana IT minister D Sridhar Babu’s office announced on Tuesday.While BASF Global Business Services will focus on delivering reliable finance and HR services, BASF Digital Solutions Private Limited will serve as a centre of digital expertise to BASF worldwide.BASF said it chose Hyderabad after a competitive global evaluation that highlighted the city’s skilled talent pool, business-friendly policies and mature enterprise ecosystem. BASF top brass also handed over a letter of intent for the same to the minister. Tobias Dratt, President of global business services at BASF, said Hyderabad offered the right ecosystem and talent base to support scalable, high-quality services for BASF’s businesses worldwide.Alexander Gerding, managing director of BASF India and head of BASF group companies in India, said the move marked a significant milestone in BASF’s long-standing presence in the country and would strengthen collaboration between its business services and digital services teams.Sridhar Babu said Hyderabad had added more than 75 global capability centres in the past year and was targeting over 100 new GCCs and more than 1 lakh new jobs this year through GCCs.BASF, which has operations in more than 200 countries and annual revenues of about $60 billion, joins a growing list of multinational companies expanding strategic operations in Hyderabad.
