Business

US life insurer to invest Rs 1,000 cr in Hyderabad hub

Leading US life insurer Massachusetts Mutual Life Insurance Company (MassMutual) on Monday announced the opening of its Global Capability Centre (GCC) in Hyderabad with an investment of Rs 1,000 crore.

migrator

Hyderabad

MassMutual’s investment plans are over Rs 1,000 crore in GCC based on projections, according to a statement by the Telangana government. 

The GCC, the first centre for MassMutual outside of the US, has come up on about 1,50,000 sq ft leased space at Vamsiram’s BSR IT SEZ in Financial. With over 300 associates and leadership in all functional areas already on-board, MassMutual India is actively hiring for multiple roles.

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