UK’s retail banking NatWest Group plans to hire around 4,000 engineers in Bengaluru over the next two years following its latest expansion in the southern city of Bengaluru.
The company said it has leased a new office in the country’s Silicon Valley city’s Bagmane Constellation Business Park, with facility spanning across 370,000 square feet over 11 floors, to expand its engineering and innovation hub.
“The new site follows our announcement last year that NatWest Group was looking to recruit 3,000 new software engineers in India by 2026. The seating capacity in the new office will be three times that of the current office, with the opportunity to increase this further,” NatWest group said in a statement on Wednesday.
They still need to hire an additional 4,000 people, which will bring the total strength of the Bengaluru office to 6,000 by 2026, the company told ET in a response.
NatWest group currently has about 17,000 headcount in India across the three centres including Gurugram and Chennai. In Bengaluru, the employee count stands at 2,000 presently.
India is also its second-largest employee base outside the UK.
The UK banking group said its wants to build deep engineering and data capabilities and hire niche domain specialists at the new Bengaluru facility, which will serve as a hub for pioneering technology solutions and cutting-edge developments, to help the bank says “work in simpler and smarter ways to better serve our customers”. It added.
“Our new Bengaluru office is not just an expansion of physical space but a strategic investment in our future. With a modern office design to enhance productivity and create an inspiring environment for our employees it reflects our commitment to the vast potential of India’s talent and technology ecosystem,” said Punit Sood, head of India, NatWest Group.
Scott Marcar, group chief information officer at the group said, “Bengaluru is known for its vibrant technology sector and skilled talent pool, so this new office marks a significant chapter in our growth journey across India. Strengthening our global operations further positions us at the forefront of innovation as we continue to prioritise improving the customer and colleague experience.”
