NEW DELHI: Standard & Poor’s Global has reiterated its confidence in India’s growth outlook, saying the country remains one of the world’s best-performing major economies despite persistent geopolitical uncertainty.India remains an important hub for the company, supported by a strong talent base, driving further expansion of its domestic operations, said Saujata Saha, President, S&P Global Market Intelligence.
He watches
India drops to sixth largest economy: Why IMF data doesn’t tell the full story
“India is poised for growth and remains one of the best-performing major economies in the world. It is a very important hub for S&P Global with exceptional talent that is central to our global strategy,” Saha said.The company has expanded its presence with a new office in Gurugram, representing a major investment and strengthening India’s role as a major hub for global talent and innovation. The facility will house more than 3,500 employees in technology, data, operations and customer-facing functions.With over 16,000 employees already in India, S&P Global is deepening its presence as it looks to capitalize on the country’s skilled workforce and its growing strategic importance in global operations.
“This investment reflects our confidence in India’s future and our commitment to providing our people with an environment that fosters innovation and collaboration,” Saha added.The new center has been designed as a future-ready workspace, featuring advanced client collaboration areas, technology-enabled workstations, and dedicated spaces for innovation and employee well-being. Amenities include interactive customer experience rooms, podcast studios, reflection areas, and wellness facilities.Neelam Patel said the office reflects a “people-forward approach” aimed at promoting innovation, collaboration and overall employee well-being.This expansion is part of S&P Global’s broader growth strategy in India, with a focus on high-value job creation and skills development. The teams in Gurugram support multiple divisions including S&P Global Ratings, Market Intelligence, Enterprise Data Organization and Energy.CRISIL, an S&P Global company, also maintains a strong presence in the country, complementing the group’s involvement in the Indian markets.