HDFC Bank Inaugurates Tech & Digital Factory in India’s Guwahati
Guwahati, Feb 24, KNT: HDFC Bank inaugurated its new Tech and Digital Factory in Guwahati, marking its first such facility in Assam and the fourth in the country after Mumbai, Bengaluru and Gurugram.
The facility was inaugurated by Chief Minister Assam, Himanta Biswa Sarma in the presence of senior bank officials and dignitaries from the Government of Assam. The centre will function as a hub for advanced technology development, innovation and talent incubation, aimed at strengthening artificial intelligence, digital and cybersecurity capabilities.
Bank officials said the factory will focus on core technology advancement across AI, cloud, data and engineering tracks, while enabling digital product creation in the state. It is also expected to generate employment opportunities for skilled professionals in Assam by leveraging local technology talent.
The initiative is part of the bank’s collaboration with the Government of Assam under Advantage Assam 2.0. Under this programme, the bank and the state government are jointly working to enhance academic knowledge with industry expertise through a structured skill-building curriculum in the BFSI and fintech sectors.
The programme, which began in September 2025, currently has over 150 students undergoing training. Participants will receive industry exposure and mentorship from senior executives of the bank. Students will also undertake internships of two to four months, enabling them to apply academic and technological concepts in real-world corporate settings. The course is being offered without any additional cost to students.
Commenting on the development, Deputy Managing Director Kaizad Bharucha said the facility would support digital product rollouts and attract engineering talent from Assam to contribute to next-generation banking technologies.
HDFC Bank began operations in Assam in 2004 with its first branch in Guwahati. As of December 31, 2025, it operates 138 branches and 248 ATMs in the state. According to the State Level Bankers’ Committee report, the bank’s credit-deposit ratio in Assam stood at 85.78 percent as of the same date. [KNT]
