Written by Intern Swara Bodke || Team Allycaral
India, 2026: HDFC Bank, India’s leading private sector bank, has inaugurated its new Tech & Digital Factory in Guwahati, marking its first such facility in Assam and the fourth nationwide. The bank already operates similar Tech & Digital Factories in Mumbai, Bengaluru and Gurugram.
The new centre will serve as a hub for advanced technology development, innovation and talent incubation in Assam. It aims to strengthen talent pools in Artificial Intelligence (AI), Digital technologies and Cybersecurity, while building capabilities in Cloud, Data and core engineering tracks. The initiative is also expected to enhance digital product creation capabilities in the state.
The facility was inaugurated by Assam Chief Minister Himanta Biswa Sarma in the presence of Mr. Kaizad Bharucha, Deputy Managing Director – HDFC Bank, Mr. Ramesh Lakshminarayan, Chief Information Officer – HDFC Bank, dignitaries from the Government of Assam, members from participating educational institutions, and officers of the bank.
The Tech & Digital Factory will generate career opportunities for skilled professionals in Assam, enabling them to contribute directly to next-generation technology development while remaining in their home state.
The initiative is part of Advantage Assam 2.0, under which HDFC Bank partnered with the Government of Assam. The collaboration focuses on enhancing academic knowledge with industry expertise through a structured skill-building curriculum tailored to the BFSI and fintech sectors.
Centred on campus-to-corporate competency, the programme aligns with job requirements in banking and fintech industries. The curriculum includes essential banking knowledge along with new-age IT domains.
The programme commenced in September 2025, and over 150 students are currently being trained under the cohort. Participants will receive industry-relevant knowledge and hands-on experience from senior HDFC Bank executives.
Students enrolled in the programme will also undergo internships with HDFC Bank for a duration of 2 to 4 months. This will allow them to apply academic and technological concepts in real-world corporate scenarios. Importantly, the course is offered at no additional cost to students.
Commenting on the development, Mr. Kaizad Bharucha, Deputy Managing Director, HDFC Bank, said that the Bank had signed an MoU with the Assam Government at Advantage Assam 2.0 in February 2025 and was pleased to establish the facility within a year, supported strongly by the state government. He added that the new centre would enable the rollout of innovative digital products and services while attracting engineering talent from Assam to contribute to next-generation banking technology.
HDFC Bank’s Tech & Digital Factory model continues to function as the nucleus of digital execution, with dedicated units focused on experience design, mobile and cloud engineering, APIs and orchestration, data and GenAI, and secure-by-design architecture.
HDFC Bank began its journey in Assam in 2004 with the launch of its first branch in Guwahati. Since then, the Bank has expanded to 138 branches and 248 ATMs across the state as of December 31, 2025. According to the State Level Banker’s Committee (SLBC) report, the Bank’s Credit-Deposit (CD) ratio in Assam stood at 85.78% as of the same date.
