January 2021 \
MassMutual invests Rs 1,000 crore

Leading US life insurer Massachusetts Mutual Life Insurance ...

The new office boasts superior infrastructure and amenities. The site is positioned to attract global talent in technology, engineering, and research and development, adding to continued hiring in these areas by the company in the US. Ravi Tangirala, the head of MassMutual India and Arthur Riel, Head of Core Technology at MassMutual interacted over a video conference with officials from the government of Telangana including information technology minister K.T. Rama Rao and Principal Secretary Jayesh Ranjan.

MassMutual engaged in multiple conversations with the government of Telangana since the leadership team first visited Hyderabad in October 2019. The company evaluated several global cities before narrowing it down to Hyderabad. “Hyderabad has witnessed several marquee investments in recent times, notwithstanding the prevalent pandemic. MassMutual, a 170-year-old top Fortune 500 organisation and a world leader in the insurance and finance industry choosing Hyderabad and establishing its first Global Capability Centre outside USA here is a testimony to the investor friendly policies and the value proposition the city and state of Telangana offers,” said Rama Rao.