Truist Plans Hyderabad Tech Center, Infosys Likely Bid

Truist, a big US bank, is planning to open a technology center in Hyderabad, India.

This center will handle things like engineering and finance.

Truist is asking IT companies to bid on building and running the center.

Infosys, a big Indian IT company, is likely to bid.

The center will start small, then grow.

Truist is looking to hire lots of people for the center over several years.

This type of center will be built in phases and may be handed back to Truist later.

Hyderabad is becoming a popular spot for these tech centers.