Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation services and solutions, announced today the opening of Grid Dynamics India as part of its ongoing global expansion efforts. Located in Hyderabad, a hub for engineering and business innovation in India, Grid Dynamics’ newest operational center is expected to ultimately employ 1,000 top-tier engineering talent from the region by the end of 2022.
“Establishing Grid Dynamics India gives us access to an exponential, broadly diverse talent pool and enables our scaling efforts as a public company. The Hyderabad location, with modern, class-A workspaces and a concentration of highly skilled and educated engineers, will be a key contributor to our ongoing growth and help strengthen shareholder value. We are excited to further deepen our design thinking and agile development prowess, and ability to solve complex problems for Fortune 1000 customers”, said Leonard Livschitz, CEO of Grid Dynamics.
Minister for IT, Mr. K. T. Rama Rao said that “Hyderabad continuing to attract multinational companies is a testimony to the able and stable government that Telangana has, the excellent infrastructure the city offers, and the availability of abundant talent. We thank Leonard Livschitz, the CEO imposing faith in us. We are sure that the Hyderabad center will exceed all its growth estimates and become a key driver for the growth globally.”
Leonard Livschitz the CEO of Grid Dynamics along with Rajeev Sharma; CTO, Vadim Kozyrkov; SVP Delivery, Rahul Bindlish; VP Sales & Partnerships and Oksana Livschitz Director, Learning & Development met with Minister for IT and Industries, K. T. Rama Rao, Principal Secretary, Jayesh Ranjan, and Chief Relations Officer, Amarnath Reddy Atmakuri at the Pragathi Bhavan.
Hyderabad, India is a burgeoning market for technology innovation, with top-tier data and platform engineering talent and a large presence of leading technology providers and financial services companies. Grid Dynamics’ aggressive hiring goals will be achieved through multiple paths, including Build-Operate-Transfer (BOT) deals with selected partners, direct hiring, and potential merger and acquisition activities. The company is focused on hiring reputable business and technology veterans in the region to serve as coaches and mentors to its workforce. Grid Dynamics India is also building forums and communities, such as Women Leaders in Technology, to support diversity and encourage participation by women STEM professionals.
“Given the prevalence of hyperscale technology providers in India, we plan to attract and retain the best and brightest talent through cutting edge technology projects, continuous educational initiatives, as well as career growth opportunities,” said Livschitz. “We will also offer state of the art facilities at premier locations and foster an open culture of collaboration and mutual respect through global international participation and engagement.”
Similar to its operations in Central & Eastern Europe, Grid Dynamics India workforce will have expertise across a number of technological areas, including: