Tag: Artificial Intelligence

  • Barclays Appoints Anita Tanna as Its First Chief AI Officer, Accelerating AI Adoption Across Global Operations

    Barclays Appoints Anita Tanna as Its First Chief AI Officer, Accelerating AI Adoption Across Global Operations

    The newly created leadership role reflects the growing importance of artificial intelligence in global banking and enterprise-wide business transformation.

    PUNE: Global financial services major Barclays has appointed Anita Tanna as its first Chief Artificial Intelligence Officer (Chief AI Officer), marking a significant step in the bank’s efforts to accelerate artificial intelligence adoption across its global operations.

    Tanna, who previously served as Group Chief of Staff to Barclays CEO C.S. Venkatakrishnan, has taken up the newly created role with a mandate to expand AI adoption across the organisation and identify opportunities to generate greater value for customers, employees and businesses.

    Announcing her appointment on LinkedIn, Tanna highlighted the potential of AI to transform customer and client services, describing the technology as a critical enabler of the bank’s strategy. She will also focus on ensuring that AI is adopted thoughtfully and responsibly across the group.

    Tanna joined Barclays in 2021 and has held several senior leadership positions within its Corporate and Investment Bank. Before becoming Group Chief of Staff in January 2024, she served in leadership roles across equity sales and trading services. Earlier in her career, she worked with Citi and Goldman Sachs.

    Strengthening AI’s Role in Global Banking

    The appointment comes as financial institutions increasingly move beyond experimental AI projects towards integrating artificial intelligence into everyday business operations and decision-making.

    For global banks, AI is becoming an important driver of operational efficiency, customer experience, automation, risk management and technology modernisation.

    Barclays’ decision to establish a dedicated Chief AI Officer position reflects the growing importance of coordinated AI leadership in identifying opportunities, scaling adoption and aligning technology initiatives with business priorities.

    Implications for Pune’s Technology and GCC Landscape

    Barclays has an established technology and operations presence in Pune, where its teams contribute to the organisation’s global business and technology capabilities.

    As the bank strengthens its focus on enterprise-wide AI adoption, capabilities such as AI engineering, data analytics, automation and technology transformation will remain important to the evolution of its global operations.

    The development also reflects a wider shift in the GCC landscape, with global capability centres increasingly contributing to strategic technology initiatives, enterprise innovation and business transformation.

    As organisations place AI at the centre of their long-term strategies, Pune’s technology ecosystem is well positioned to play an important role in supporting the next phase of global enterprise transformation.

  • TIAA Celebrates 10 Years in India, Opens New Pune Office to House 2,000 Colleagues

    TIAA Celebrates 10 Years in India, Opens New Pune Office to House 2,000 Colleagues

    Pune, Maharashtra: TIAA, a leading financial services organisation, has marked a decade of its Global Capabilities operations in India with the opening of a new office in Pune, which will serve as a workplace for approximately 2,000 colleagues. The milestone was celebrated with a series of engagements across Pune and Mumbai, bringing together global leadership, employees and teams from across the organisation.

    The celebrations were led by Thasunda Brown Duckett, President and CEO of TIAA, during her visit to India. The visit also coincided with the fifth anniversary of her leadership at the organisation. She engaged with associates, participated in town halls and met employee resource group leaders, highlighting the importance of people, collaboration and a shared sense of purpose in driving long-term progress.

    Over the past decade, TIAA Global Capabilities in India has evolved from supporting business strategy to playing a more integral role in shaping it. Its teams have taken greater ownership of products and platforms, while developing capabilities that contribute to the organisation’s broader business objectives.

    Sastry Durvasula, Chief Operating Officer at TIAA, highlighted the scale of the milestone, which included recognising 81 colleagues who have been with the organisation since its inception in India. A commemorative coffee table book documenting the journey, achievements and stories of its people was also unveiled during the celebrations.

    The week featured town halls, workplace interactions, leadership discussions and engagements with Business Resource Groups. Leaders also explored the artificial intelligence innovations and fintech capabilities being developed by teams in India, reflecting the country’s growing contribution to enterprise-wide innovation and technology.

    Deepak Gupta, Executive Vice President and Head of TIAA Global Capabilities, described the milestone as a celebration of the people who have shaped the organisation’s journey in India. He emphasised the contributions of early team members, the leadership team’s continued support and the commitment of associates across Pune and Mumbai.

    The opening of the new Pune office further reinforces the city’s position as an important destination for global capability centre (GCC) operations. With its expanding talent pool, technology ecosystem and established business infrastructure, Pune continues to attract multinational organisations looking to strengthen their global operations and build advanced capabilities.

    As TIAA enters its next decade in India, its expanding presence in Pune underscores the growing role of Indian GCCs in enterprise strategy, technology development and innovation.

  • Meta For Data Inaugurates 400-Seater AI Product Capabilities Centre in Pune

    Meta For Data Inaugurates 400-Seater AI Product Capabilities Centre in Pune

    The new facility in Kothrud strengthens Pune’s growing enterprise AI, data engineering and technology innovation ecosystem.

    PUNE, October 16, 2026: Meta For Data Technologies Private Limited has inaugurated its new facility at Imperial Plaza, Kothrud, Pune, on October 11, 2026. The facility features a 400-seater AI Product Capabilities Centre and a dedicated Experience Centre, reinforcing the company’s focus on enterprise AI, data and product innovation for global markets.

    The new centre will support the development of enterprise technology solutions across AI-driven customer interactions, process automation, data analytics, data governance and legacy modernisation. The Experience Centre will also enable customers and partners to explore the company’s products and their applications in enterprise environments.

    Commenting on the inauguration, Sachin Mane, CEO of Meta For Data, said, “Our new Pune facility represents more than an expansion of our workspace. It reflects our ambition to build deeper capabilities across enterprise Data, AI, products and platforms.”

    Vijay Ghatge, COO of Meta For Data, added, “AI creates value when it solves real business problems.”

    The inauguration highlights the growing importance of AI-led product engineering and enterprise technology development in Pune. With its strong talent base and expanding technology ecosystem, the city continues to attract investments in advanced digital capabilities and global product development.

    Meta For Data’s new facility adds further momentum to Pune’s evolving technology landscape, strengthening its position as a destination for enterprise innovation and AI-driven solutions.

  • KONE India Inaugurates First-of-Its-Kind Digital Experience Centre in Pune

    KONE India Inaugurates First-of-Its-Kind Digital Experience Centre in Pune

    Pune | October 2026

    KONE India has inaugurated its Digital Experience Centre in Pune, marking a significant milestone in the company’s digital transformation journey. The Centre, the first of its kind in India, has been established to give customers a firsthand experience of emerging technologies shaping connected buildings and modern building management.

    The Digital Experience Centre brings together digitalization, Artificial Intelligence (AI), connectivity and data-driven insights to demonstrate how technology can enable smarter decision-making, greater transparency and more proactive service management throughout a building’s lifecycle. The initiative aims to help customers understand the value of connected building solutions and how these technologies can improve operational visibility and customer experiences.

    The inauguration was led by Amit Gossain, Managing Director, KONE India, and attended by Jussi Herlin, Executive Vice Chair, KONE; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board of Infosys. Their presence underscored the importance of digital innovation and technology-led solutions in shaping the future of connected infrastructure.

    According to KONE, the Centre represents more than a demonstration of technology. It reflects the company’s commitment to helping customers unlock new value through smarter, more connected buildings and improved service management. As buildings become increasingly connected, digital solutions are playing a growing role in enhancing efficiency, transparency and the overall experience of building users.

    The inauguration adds to Pune’s growing technology and innovation landscape, highlighting the city’s importance as a destination for global companies investing in digital capabilities and customer-facing innovation. The development also reflects the wider convergence of AI, connectivity and data-driven technologies across industries.

    For Pune’s Global Capability Centre (GCC) ecosystem, such developments demonstrate how companies are bringing advanced technologies closer to customers while strengthening their presence in the city’s evolving business and innovation environment.

  • Punch Powertrain Expands Its Presence in Pune with a New Office, Strengthening India’s Automotive Engineering Ecosystem

    Punch Powertrain Expands Its Presence in Pune with a New Office, Strengthening India’s Automotive Engineering Ecosystem

    The new Balewadi facility, inaugurated on 1 October 2026, is twice the size of the company’s previous office and brings its India R&D, sales and business functions together.

    Pune, Maharashtra | October 2026: Global automotive powertrain supplier Punch Powertrain has strengthened its presence in India with the opening of a new office in Balewadi, Pune, marking a significant milestone in its expansion journey. Inaugurated on 1 October 2026, the new facility is twice the size of the company’s previous office and is designed to support its growing engineering, innovation and business activities in India. Venkatram Mamillapalle, a prominent automotive industry leader, attended the inauguration as the Chief Guest.

    The new facility brings Punch Powertrain’s research and development (R&D), sales and business functions under one roof, creating an integrated workplace that encourages collaboration and provides capacity for new projects. According to the company, the expansion will enhance the employee experience, strengthen teamwork and enable its India operations to support existing customer projects while taking on new business opportunities.

    Punch Powertrain entered India in 2021 with an R&D centre in Pune, focusing on developing innovative products for international markets and adapting its technologies to India’s driving conditions, traffic and climate. Its dual-clutch transmissions (DCTs) have been used on Indian roads since 2022. The company also stated that its continuously variable transmission (CVT) technology, which has more than four million units on roads worldwide, is expected to power compact SUVs in India for a leading global original equipment manufacturer (OEM).
    The company’s technology portfolio includes dual-clutch transmissions, continuously variable transmissions, dedicated hybrid transmissions and electric drivetrains. Its DHT120 dedicated hybrid transmission received the ICE / Hybrid Powertrain / Alternative Fuel Tech Innovation Award at the ET AutoTech Awards 2026 in June, highlighting its work in advanced powertrain technologies.

    The expansion comes as India’s automotive industry increasingly focuses on fuel efficiency, lower emissions, hybrid technologies and vehicle electrification. Punch Powertrain’s investment in its Pune operations reinforces the city’s role as an important centre for automotive engineering, research and development, and next-generation mobility solutions. With its expanded facility, the company aims to strengthen customer partnerships, support future projects and contribute to India’s transition towards cleaner and more efficient mobility.
    For Pune’s growing Global Capability Centre (GCC) and engineering ecosystem, this development reflects the continued importance of the city as a destination for global companies seeking technical expertise, innovation capabilities and opportunities to serve both Indian and international markets.

  • Innovecture and Nexio Expand Strategic Technology Partnership with Global Engineering Center in Pune

    Innovecture and Nexio Expand Strategic Technology Partnership with Global Engineering Center in Pune

    Pune, October 2026: U.S.-based technology and engineering services firm Innovecture and U.S.-based payments technology company Nexio have expanded their strategic technology partnership through a Global Engineering Center (GEC) in Pune, further strengthening the city’s position as a global engineering and technology hub.

    The relationship between the two companies began in 2024 and has since evolved into a broader engineering partnership supporting Nexio’s global technology priorities. Through the Pune GEC, Nexio is expanding its technology presence in India to access specialised engineering talent, accelerate innovation and build greater flexibility into its global technology organisation.

    The Pune-based engineering team currently supports Nexio across several technology functions, including digital transformation, artificial intelligence and data, application modernisation, quality engineering, application support and IT operations.

    The expanded GEC will operate as an extension of Nexio’s global technology team, connecting engineering teams across India and the United States around common product objectives, technology priorities and innovation initiatives.

    The center will bring together capabilities spanning software engineering, data, AI, automation, quality engineering, application modernisation and IT operations. This integrated model is expected to provide Nexio with a scalable foundation to expand its technology and engineering capabilities while increasing the adoption of AI and automation.

    The Innovecture-Nexio partnership reflects the broader evolution of India’s role in global technology operations.

    Rather than functioning solely as a traditional offshore delivery centre, the Pune GEC is being positioned as an integrated part of Nexio’s global technology organisation. The model combines Nexio’s payments and product expertise with Innovecture’s engineering talent, technology capabilities and delivery ecosystem.

    The collaboration will support areas including payments technology, software engineering, AI, data, quality engineering and platform modernisation.

    The development also comes as global companies increasingly use Pune to build specialised engineering capabilities, access technology talent and support innovation across international operations.

    The expansion of the Innovecture-Nexio partnership adds to Pune’s growing profile as a strategic destination for Global Capability Centres, engineering organisations and technology innovation.

    The Pune GEC is expected to provide a platform for deeper collaboration between teams in India and the U.S., while supporting Nexio’s long-term technology roadmap.

    With increasing activity across AI, cloud, engineering, digital transformation and advanced technology functions, Pune continues to strengthen its role in the global technology ecosystem.

  • Colliers Facilitates ~170,000 Sq. Ft. Grade A Office Transaction for Leading IT Firm in Pune

    Colliers Facilitates ~170,000 Sq. Ft. Grade A Office Transaction for Leading IT Firm in Pune

    Pune, October 2026: Pune’s commercial real estate market continues to demonstrate strong demand for quality office infrastructure, with Colliers facilitating a significant Grade A office space transaction for a leading IT firm.

    The transaction involves approximately 170,000 sq. ft. of conventional office space at GBB, Kothrud, marking a significant office real estate deal in one of Pune’s supply-constrained micro-markets.

    The transaction was supported by Colliers’ Pune office services team, with Amruta Chandratre and Sakshi Talwad playing a key role in understanding the client’s requirements and identifying a suitable workplace solution.

    Navigating limited supply while balancing the priorities of multiple stakeholders, the team successfully facilitated the transaction through a collaborative and solution-oriented approach.

    The deal reflects the continued demand from technology and corporate occupiers for large-format, Grade A office spaces in Pune. As the city strengthens its position as a major technology, innovation and Global Capability Centre (GCC) destination, demand for strategically located and high-quality workplaces is expected to remain an important component of Pune’s commercial real estate growth.

    The Kothrud transaction further highlights the evolving nature of Pune’s office market, where occupiers are increasingly seeking spaces that align with their operational requirements, employee needs and long-term growth plans.

  • Advanced Energy Opens New Global Capability Centre in Pune

    Advanced Energy Opens New Global Capability Centre in Pune

    Pune, Maharashtra: Advanced Energy has officially opened its new Global Capability Centre (GCC) in Pune, India, adding another global organisation to the city’s expanding GCC ecosystem.

    The new Pune centre will serve as a shared-services hub supporting global development roles for Advanced Energy. The centre is designed to strengthen collaboration between teams in India and colleagues across different regions and time zones, supporting the company’s global operations.

    The inauguration brought together Advanced Energy leaders and employees from across India. The event featured leadership remarks, a ribbon-cutting ceremony, traditional lamp lighting and a cake-cutting celebration, marking the beginning of the centre’s operations in Pune.

    Advanced Energy’s entry adds to the continued growth of Pune as a destination for global capability operations.

    The city has increasingly attracted multinational organisations establishing or expanding GCCs across technology, engineering, business services, research and development, finance and other specialised functions.

    For companies operating globally, Pune offers access to a strong talent base and an established technology and business ecosystem, while providing opportunities to build teams that work closely with international counterparts.

    Advanced Energy’s new centre reflects this broader evolution, with its Pune team expected to contribute to global development and shared-service functions while collaborating with colleagues across the company’s international operations.

    As more global organisations establish dedicated capabilities in the city, Pune’s role within India’s wider GCC landscape continues to expand.

    Pune GCC welcomes Advanced Energy to Pune and looks forward to following the growth and contribution of its new centre.

  • Citi Expands Pune Footprint with ~1 Million Sq. Ft. Office Space

    Citi Expands Pune Footprint with ~1 Million Sq. Ft. Office Space

    Pune’s GCC ecosystem gets another significant boost as Citi expands its presence in Kharadi.

    Pune continues to attract large-scale global operations, with Citi taking approximately 1 million sq. ft. of office space at Panchshil Business Hub in Kharadi.

    The expansion marks Citi India’s largest office space to date and is another important milestone in the company’s long-standing presence in Pune. Citi’s association with the city goes back to 2012, when it began its presence at EON Free Zone.

    A growing global operation

    Citi’s presence in India has grown considerably over the years. Its Citi Solutions Centers in India are now home to more than 35,000 colleagues, supporting businesses across more than 80 markets globally.

    Teams in India work across a wide range of functions, including technology, operations, analytics, risk, compliance and financial processes, as well as digital banking and emerging technologies.

    The latest expansion adds further scale to Citi’s operations in Pune.

    What it means for Pune

    For Pune’s GCC ecosystem, the development is another example of how global companies are continuing to expand their operations in the city.

    Kharadi has become an important location for BFSI and GCC operations, with companies increasingly using Pune to manage technology, analytics, operations and other global business functions.

    Citi’s expansion also reflects the changing scale of Pune’s GCC landscape. What was once largely associated with technology and IT services has developed into a much broader ecosystem spanning financial services, technology, analytics, risk management, operations and specialised global functions.

    As more global organizations deepen their presence in Pune, the city continues to strengthen its role as an important hub for global capability and business operations.

  • Harish Bharti Elevated to CTO, IBM Consulting – Asia Pacific

    Harish Bharti Elevated to CTO, IBM Consulting – Asia Pacific

    Pune | September 17, 2026 — IBM has elevated Harish Bharti to the position of Chief Technology Officer (CTO), Asia Pacific, IBM Consulting, giving him a broader technology leadership mandate across one of the world’s key enterprise technology markets.
    Bharti has been associated with IBM for more than two decades and has held several senior technology and architecture roles. He has served as an IBM Distinguished Engineer and Master Inventor, with expertise spanning enterprise architecture, cloud transformation, application modernisation, cloud-native technologies and data architecture.

    Strong Pune Connection

    Bharti’s professional journey also has a significant connection with Pune. In 2015, he was elevated to Chief Architect, Global Solutioning Centre of Excellence, a role in which he was based in Pune for more than five years and worked on complex technology solutions addressing client business requirements.

    His professional profile continues to list Pune as his location, reflecting his longstanding association with the city’s technology ecosystem.

    Focus on AI and Enterprise Transformation

    In his new regional role, Bharti will work with enterprises and banks across Asia Pacific as they scale artificial intelligence and modernise their technology environments.

    Bharti has highlighted his focus on solving complex technology challenges and helping teams build agentic AI systems capable of moving beyond demonstrations into reliable production environments.

    His career at IBM has included leadership roles such as Chief Architect, Global Solutioning Center of Excellence and Lead Architect for the Application Innovation Services Cloud Program, alongside his work in core systems modernisation.

    Bharti is also recognised for his contribution to technology innovation through a substantial patent portfolio covering areas including cloud, blockchain, cognitive computing, microservices, digital integration, edge computing and AI-related technologies.

    Pune’s Global Technology Leadership

    Bharti’s elevation adds another example of technology leadership emerging from professionals with deep connections to Pune’s Global Capability Centre and technology ecosystem.

    As Pune continues to host global technology and innovation operations, leadership journeys such as Bharti’s demonstrate the city’s connection to enterprise technology, cloud, AI and global transformation initiatives.

    Pune GCC congratulates Harish Bharti on his new role and wishes him success in his leadership journey across Asia Pacific.