Group 1 - Several international financial groups, including Sumitomo Mitsui Banking Corp. and Julius Baer Group, are expanding their presence in India by establishing global capability centres (GCCs) [1] - The recruitment drive could total at least 1,000 hires this year across locations such as Chennai and Hyderabad, joining US firms like Charles Schwab and Vanguard [1][2] - The increasing importance of India as a base for GCCs is attributed to its large, cost-effective talent market, which supports international business operations [2] Group 2 - Stricter US immigration policies, including higher visa charges and tighter reviews of skilled-worker routes, are prompting employers to place more jobs in India [3] - Rising compliance costs and tightening visa regimes are accelerating the shift to India's GCC industry [3][4] - Financial organizations, including Copenhagen Infrastructure Partners, are also establishing GCCs in India [4] Group 3 - New positions being added will cover functions such as research, payments, operational support, and digital assets, with a growing focus on artificial intelligence and automation [5] - UBS Group AG recently launched a new GCC in Hyderabad, planning to hire close to 3,000 people over the next two years [5][6] - UBS has had teams in India for over a decade, supporting its activities in technology and finance [6]