German companies are increasingly looking to invest in Hyderabad and establish global capability centres (GCCs), German Consul General Michael Hasper said during Day Of German Unity 2026 celebrations in the city.

Hasper said Hyderabad was emerging as an important technology hub for German businesses. He identified research and development, product development, information technology and artificial intelligence as key areas attracting German investment.

German business interest in Hyderabad

Speaking to PTI Videos, Hasper said German companies were showing particular interest in setting up GCCs in Hyderabad. These centres can support functions such as technology, research and product development, although he did not provide a number of companies or the value of planned investments.

“Indo-German economic relations have never been as close as they are today. We see a lot of German companies coming to Hyderabad, in particular, setting up GCCs here,” he said.

The remarks point to Hyderabad's growing relevance for German businesses seeking technology and innovation capabilities in India. The areas mentioned by Hasper include both technology services and specialised work connected with research and product development.

What the announcement means

For Hyderabad, increased German corporate interest could bring further activity in technology, research and development, product development and artificial intelligence. Hasper's comments, however, describe an investment trend and business interest rather than announcing a specific project, company, investment amount or employment figure.

The comments were made during Day Of German Unity 2026 celebrations in Hyderabad. No further details were provided about the companies considering investments, the locations of proposed GCCs or the timeline for their establishment.

The next concrete developments would depend on individual companies announcing investment plans or operational decisions. The available information does not identify any such company or confirm a specific project.

Conclusion

Michael Hasper said German companies are increasingly considering Hyderabad for investments and GCCs, particularly in research, product development, IT and artificial intelligence. The statement signals stronger business interest but does not yet confirm specific projects or investment figures.

Frequently Asked Questions

Q. What did Michael Hasper say about German companies?

Hasper said German companies were increasingly looking to invest in Hyderabad and set up GCCs.

Q. Who is Michael Hasper?

Michael Hasper is the German Consul General referred to in the report.

Q. Why is Hyderabad important to German businesses?

Hasper said Hyderabad was emerging as an important technology hub for German businesses.

Q. Which sectors did Hasper mention?

He mentioned research and development, product development, information technology and artificial intelligence.

Q. When were the comments made?

The comments were made during Day Of German Unity 2026 celebrations in Hyderabad.

Q. Were specific investments announced?

No specific company, investment amount, project or timeline was provided in the available information.