US Giant Nationwide Surges into Indian Market, Launches First Global Capability Centre in Hyderabad
US-based financial services behemoth Nationwide has significantly expanded its international footprint by launching its first India global capability centre (GCC) in Hyderabad. This move marks a major step for the 100-year-old company as it continues its global operational expansion.The new entity, Nationwide Global Services Center Private Limited, is set to support key areas including engineering, digital technologies, and business capabilities. The GCC will operate on a 24x7 global model, aiming to drive innovation, improve agility, and enhance decision-making across the organization.
Nationwide has appointed Vikas Jaswal as Senior Vice President and Managing Director of Nationwide India. He will be responsible for overseeing all Hyderabad operations, talent acquisition, and capability development while coordinating closely with the company's global leadership teams.
Expanding Global Operations and Strategic Significance
The establishment of this Indian campus expands Nationwide’s existing international presence. The company currently maintains campuses in Des Moines (Iowa), Scottsdale (Arizona), and Columbus (Ohio).Vikas Jaswal emphasized that the Hyderabad campus allows Nationwide to meet escalating business demands and growth objectives. He added that the highly skilled talent market and the established global capability ecosystem in Hyderabad make it an ideal choice for their expanded operations.
Telangana Government Welcomes Global Financial Hub Growth
Duddilla Sridhar Babu, Minister for Information Technology, Electronics, Communications, Industries & Commerce, and Legislative Affairs of the Government of Telangana, welcomed Nationwide’s arrival.The Minister noted that Hyderabad has become a premier global innovation destination for the Banking, Finance, Insurance, and Capital Markets (BFSI) sector. He expressed delight at adding another leading American insurance company to the city's growing roster of strong Global Value Centers (GVCs).
Hiring Drive Targets Tech and Business Talent
While Nationwide did not disclose specific figures regarding the investment amount or planned employee headcount for the India center, the company confirmed it will be actively recruiting local talent. These hiring efforts span both technology and business functions.The launch has underscored Hyderabad's increasing importance as a hub for global capability centers, particularly within the BFSI domain. Nationwide has already opened applications for numerous roles through its dedicated India careers portal.
Background of Fortune 100 Insurer
Nationwide is a Fortune 100 mutual insurer, headquartered in Columbus, Ohio. The company provides comprehensive insurance and financial services spanning property and casualty, life insurance, retirement solutions, and asset management.The firm reported five consecutive years of record growth in 2025, bringing it closer to the completion of its 100th year of operations.
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