Lloyds Banking Group has inaugurated its Technology Centre in Hyderabad, India, as part of a £3 billion investment to enhance its digital services. The center will drive AI, Cloud, and Blockchain initiatives, starting with data, machine learning, and Cloud support for UK customers. Lloyds plans to recruit 600 tech experts in the next six months, emphasizing technology, data, and cybersecurity roles. The goal is for the center to evolve into a hub for cutting-edge engineering, leveraging India’s tech talent. While it won’t offer banking services, it aims to foster innovation and end-to-end product development.