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Tag: #GlobalCapabilityCenter

PepsiCo Leases 91,314 Sq Ft Office Space in Hyderabad for ₹35 Crore

Hyderabad’s position as India’s premier destination for Global Capability Centers (GCCs) continues to strengthen, with another major multinational corporation making a significant real estate commitment. PepsiCo India Capability Center LLP has officially leased over 91,000 square feet of premium office space in the city’s rapidly growing Kokapet micro-market, signaling a major expansion of its Indian operations.

The Deal in Numbers

According to recent real estate data, the comprehensive five-year lease agreement includes the following key details:

  • Location: 6th and 7th floors of Laxmi Infobahn Tower 4, Kokapet, Hyderabad.
  • Total Area: 91,314 sq ft of chargeable, Grade-A office space.
  • Financials: A monthly rent of approximately ₹52.96 lakh (pegged at ₹58 per sq ft), bringing the total estimated lease value to ₹35 crore over the five-year term.
  • Lease Terms: The agreement, which commenced on March 13, 2026, includes a standard 5% annual rent escalation and a security deposit of ₹4.76 crore paid to the landlord, GAR & Son Builders LLP.

Strategic Significance: Why Hyderabad and Kokapet?

This substantial investment is not just a real estate transaction; it is a strategic vote of confidence in Hyderabad’s thriving talent ecosystem and robust IT infrastructure.

Kokapet, often dubbed the “Next Gen IT Hub” of Hyderabad, has rapidly evolved from an emerging suburb into a premier enterprise corridor. With its proximity to the Outer Ring Road (ORR), world-class social infrastructure, and a concentration of Grade-A commercial developments, it has become the address of choice for global tech and corporate giants looking to establish or expand their GCCs.

As Raja Seetharaman, Co-founder of Propstack, noted on the deal:

“PepsiCo’s expansion of ~91,000 sq ft at Laxmi Infobahn underscores the relentless appetite global giants have for Grade-A GCC assets in Hyderabad. Kokapet continues to establish itself as a premier enterprise corridor, backed by robust infrastructure and sustained institutional demand.”

Fueling the GCC Boom in Telangana

PepsiCo’s move aligns with a broader, unstoppable trend in Hyderabad’s commercial real estate sector. Over the past few years, the city has consistently attracted top-tier multinational companies across sectors like technology, pharmaceuticals, finance, and FMCG. These organizations are drawn to Hyderabad’s deep pool of specialized STEM talent, proactive government policies, and high quality of life.

By expanding its Capability Center, PepsiCo is positioning itself to drive innovation, digital transformation, and advanced analytics from the heart of India, supporting its global business objectives.

Looking Ahead

As the lease takes full effect, the Laxmi Infobahn Tower 4 will see an influx of top-tier corporate talent, further boosting the local economy, retail, and hospitality sectors in the Kokapet vicinity.

For Hyderabad, deals of this magnitude reinforce its narrative not just as India’s “Cyberabad,” but as a mature, globally integrated hub capable of hosting the world’s most recognized brands. As more Fortune 500 companies follow suit, Hyderabad’s skyline—and its economic footprint—will only continue to rise.

Acumatica Opens New Global Capability Center in Hyderabad, Gearing Up for Major Hiring Push

Hyderabad’s reputation as a premier global technology hub continues to grow, with cloud-based ERP solutions provider Acumatica officially announcing the launch of its new Global Capability Center (GCC) in the city. The strategic move is designed to accelerate product innovation and serve as the core of the company’s growth engine in India.

Fueling Innovation and Regional Growth

Acumatica, a leading provider of cloud-based Enterprise Resource Planning (ERP) solutions for small and mid-sized businesses, has established the Hyderabad center to tap into the region’s world-class engineering talent.

The new GCC has kicked off operations with an initial team of 30 employees, but this is just the beginning. The company has announced aggressive plans to ramp up hiring in the coming months. While the initial focus is squarely on engineering and product development, Acumatica intends to expand the center’s scope into additional disciplines over time, supporting its continued regional and global growth.

A Strategic Global Footprint

The Hyderabad GCC is a significant addition to Acumatica’s expanding international footprint. It joins the company’s existing, well-established operations across the United States, Canada, Serbia, and Sri Lanka. By decentralizing its innovation hubs, Acumatica is positioning itself to deliver faster, more robust, and globally informed software solutions to its SMB clientele.

To ensure a seamless and scalable setup, Acumatica established the Hyderabad center in strategic partnership with ANSR and Summit Consulting Services, leveraging their deep expertise in building and managing high-performance global capability centers in India.

Leadership Perspective

Highlighting the strategic importance of this new facility, Miten Mehta, Chief Engineering Officer at Acumatica, noted that the Hyderabad GCC will act as the “core of the company’s growth engine in India.” This underscores the company’s long-term commitment to the region, viewing it not just as an outsourcing destination, but as a vital center for core product innovation and engineering excellence.

Why Hyderabad?

Hyderabad has consistently proven to be a magnet for global tech giants establishing GCCs. With its rich talent pool of software engineers, robust IT infrastructure, and a highly supportive state government ecosystem, the city offers the perfect environment for companies like Acumatica to scale their R&D and engineering operations efficiently.

Looking Ahead

As Acumatica ramps up its hiring and broadens the functional scope of its Hyderabad team, the new GCC is poised to play a pivotal role in shaping the next generation of cloud ERP technologies. For tech professionals in Hyderabad, this expansion represents an exciting wave of new, high-value career opportunities in a company that is actively redefining business management software for the modern era.