Ariqt's Strategic Move into Hyderabad

Netherlands-based AI technology leader, Ariqt, has made a significant entry into the Indian market by inaugurating its Global Innovation Hub (GIH) in Hyderabad. This strategic expansion underscores the company's commitment to fostering innovation and technological advancement on a global scale.

Phase 1 Expansion: A Leap Towards Innovation

As part of its Phase 1 expansion, Ariqt plans to onboard over 300 engineering professionals within the next two years. This move not only highlights the company's growth trajectory but also its dedication to contributing to the local economy and talent pool.

Focus Areas and Government Support

The new facility aims to develop cutting-edge solutions across various sectors including fintech, agriculture, sports, cybersecurity, travel, and supply chain. Telangana IT & industries minister Duddilla Sridhar Babu lauded the initiative, emphasizing the state's role as a burgeoning hub for innovation and technology.

"With over 6,000 startups, 1,500 mid-tier and small software companies, and $30 billion in IT exports, Telangana is rapidly becoming a global hub for innovation," stated Sridhar Babu. He also highlighted the importance of small and mid-sized enterprise GCCs in driving economic growth, job creation, and talent development.

Ariqt's Vision for the Future

Rupesh Kumar, founder & CEO of Ariqt, expressed his enthusiasm about the new hub, stating, "Hyderabad's thriving ecosystem, supported by the government's visionary leadership, provides the perfect foundation for us to innovate, grow, and create meaningful impact." This initiative marks a significant milestone for Ariqt, setting the stage for future innovations and collaborations in the tech industry.