Business EconomyPosted at: May 5 2026 11:29PM


BASF's Global Service Hub operations to commence in Hyderabad in Q2 FY26

Hyderabad, May 5 (UNI) BASF, the global chemicals major, will establish a Global Service Hub for its Global Business Services (GBS) division in Hyderabad, with operations scheduled to commence in the second quarter of the current fiscal.
The company submitted a Letter of Intent (LoI) to Telangana IT Minister Duddilla Sridhar Babu on Tuesday.
The announcement was made in the presence of senior leadership, including Tobias Dratt, President, Global Business Services at BASF; Alexander Gerding, Managing Director, BASF India Limited and Head of BASF Group Companies in India; Michael Hasper, Consul General, Consulate General of the Federal Republic of Germany in Chennai, India.
The hub, to operate under BASF Global Business Services Private Limited, will support global operations across key functions such as finance, human resources, supply chain, regulatory services, and in-house consulting.
Hyderabad was selected after a competitive global evaluation, with BASF citing the city's strong talent pool, supportive policy ecosystem, and mature enterprise infrastructure as key advantages.
Earlier this year, the company had also announced a Global Digital Hub in the city, marking continued investment in Telangana.
Speaking on the occasion, Sridhar Babu said Hyderabad has emerged as one of India's fastest-growing Global Capability Centre (GCC) hubs, adding over 75 GCCs in the past year.
He noted that the state is targeting over 100 new GCCs and more than one lakh jobs this year.
He also highlighted initiatives such as AIKAM, the Young India Skills University, a proposed 200-acre AI City, a Quantum Hub, and 1BioLab to position the state as a leading innovation and engineering destination.
Tobias Dratt said the new hub will lay a strong foundation for BASF's future Global Business Services operations, adding that Hyderabad offers the right ecosystem and talent base for scalable, high-quality services worldwide.
Alexander Gerding described the development as a significant milestone in BASF's long-standing presence in India, noting that it aligns with the company's "Winning Ways" strategy and strengthens its global capabilities. He added that co-locating Global Business Services and Global Digital Services in Hyderabad will enhance collaboration and reinforce the city's strategic importance within BASF's global network.
The Hyderabad hub will complement BASF's existing global service centres in Berlin (Germany), Kuala Lumpur (Malaysia) and Montevideo (Uruguay).
Currently, around 2,900 employees work in finance services and 1,500 in HR services within BASF's Global Business Services division.
As of the end of 2025, BASF had 2,455 emplolyees in India with 8 production sites and 45 offices throughout the country.
The Innovation campus Mumbai and the Coatings Technical Center in mangalore are bhoth part of BASF's Global Technology platform.
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