Goldman Sachs To Set Up Second Office In Hyderabad

Update: 2020-10-03 06:10 GMT
Leading global investment bank and financial services company Goldman Sachs is all set to expand its presence in India, by setting up in Hyderabad.

Representatives of Goldman Sachs, in a video conference, interacted with Telangana IT and Industries Minister KT Rama Rao and explained their plans to come to the city.

The new office is expected to become operative in the second half of 2021 with about 500 employees and has the potential for future growth.

"Delighted to welcome one of the leading global investment banks, @GoldmanSachs to Hyderabad. Thanks to Goldman Sachs India leadership team Sanjoy Chatterjee, Chairman, Gunjan Samtani, MD & India Head, Ravi Krishnan, MD and Chief Administrative Officer, for choosing Hyderabad," KTR tweeted.

KTR assured them that the state government will provide comprehensive support to the firm in their future undertakings. Meanwhile, the Bengaluru Office will continue to be a major location for Goldman Sachs in India.
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