Deutsche India, the largest technology centre of German investment bank, Deutsche Bank, has decided to expand its operations in India and to hire thousands of employees in the country. The company has already hired over 2,500 people in India since January 2023 and expects to continue hiring in the coming months.
The company is looking for people with skills in cloud migration, artificial intelligence, and machine learning. The company is also looking to upskill its existing workforce in these areas.
Deutsche Bank’s India centre is crucial for the company’s technology transformation. As the largest centre within its global network, it leverages emerging technologies to deliver innovative products and services to clients.
The company wants to rely on technology work internally and to depend less on external service providers like Infosys and Wipro and instead build and utilise its own in-house capabilities to meet customer requirements.
The expansion of Deutsche India signifies the increasing significance of India as a hub for innovation and technology. With its abundant pool of skilled engineers and tech professionals, coupled with cost-effective advantages, the country has become an attractive destination for businesses worldwide.
