Infosys to Build and Manage Truist Financial's Tech Hub in India
Infosys Limited (NSE:INFY) has expanded its partnership with Truist Financial Corporation (NYSE:TFC) to establish and operate the U.S. bank's global capability centre in Hyderabad, India. Under a five-year build-operate-transfer agreement, Infosys will run the facility before handing over full operational control to Truist. The new center plans to bring on 1,000 employees by later this month, with further workforce additions planned in subsequent phases.
The move allows Truist Financial Corporation, a major U.S. commercial bank with $556 billion in total assets as of June 30, 2026, to consolidate services previously handled across several vendor relationships in India into a single operating model. The facility will combine artificial intelligence, digital technology, data analytics, and operational functions into one platform, helping reduce third-party reliance while managing international delivery complexity.
Investors will watch how effectively Infosys scales and transitions the facility into a self-sustaining center of excellence over the next five years. Market participants will also monitor whether the consolidation helps Truist streamline operations as Indian technology hubs continue growing, with more than 1,900 global capability centers currently operating across the country.
Key points
- Infosys Limited (NSE:INFY) expanded its contract with Truist Financial Corporation (NYSE:TFC) to build a global capability centre in Hyderabad.
- The center will onboard 1,000 employees by later this month and plans to add more workers over time.
- Infosys will run the facility for five years before transferring full control to Truist under a build-operate-transfer model.
- Truist will consolidate capabilities currently handled by multiple vendors into a unified operating framework in India.
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How we writeDisclaimerQuestions and answers
What is the agreement between Infosys and Truist Financial?
Infosys is building and managing a global capability centre for Truist Financial in Hyderabad, India, under a five-year build-operate-transfer contract.
How many jobs will Truist's new Hyderabad center create?
The global capability centre plans to onboard 1,000 employees by later this month, with additional staffing planned for later phases.
Why is Truist consolidating its operations in India?
Truist is consolidating services across multiple vendors into a single operating model to lower third-party dependency, integrate technology, AI, and data, and streamline global delivery.