HDFC Bank has inaugurated its first Tech & Digital Factory in Assam, located in Guwahati, enhancing the region’s technological development and talent pool in areas such as AI, digital innovation, and cybersecurity. This is the bank’s fourth such facility in India, following those in Mumbai, Bengaluru, and Gurugram. The ceremony was attended by Assam’s Chief Minister Dr. Himanta Biswa Sarma, along with senior bank officials and dignitaries from the educational sector.
The facility is designed to create career opportunities for skilled professionals in Assam and aims to leverage local technical talent for core technology advancements. Partnering with the Government of Assam under the Advantage Assam 2.0 initiative, HDFC Bank seeks to integrate academic knowledge with industry expertise through a skill-building program focused on the banking, financial services, and insurance (BFSI) and fintech sectors.
The program began in September 2025, training over 150 students who will receive insights from senior HDFC Bank executives and engage in internships lasting 2-4 months to apply their training in real-world settings. Notably, this program is offered at no additional cost to students.
Mr. Kaizad Bharucha, Deputy Managing Director of HDFC Bank, highlighted the rapid establishment of the facility as a testament to the strong collaboration with the Assam government, aimed at rolling out new digital products and retaining engineering talent within the state. HDFC Bank’s Tech & Digital Factory model is central to its digital execution strategy, with dedicated teams managing various technical aspects, including experience design and secure architectural frameworks.
Since opening its first branch in Assam in 2004, HDFC Bank has expanded significantly, currently operating 138 branches and 248 ATMs in the state. As of December 31, 2025, the bank’s credit-deposit (CD) ratio in Assam was reported at 85.78%, underscoring its commitment and impact in the region.