Auto major Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest USD 150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad to help the group develop new technologies to cater to its automotive operations across the globe.
The facility, which is FCA's largest digital hub outside of North America, would create nearly 1,000 jobs by the end of next year. "While reviewing our strategy last year, we knew the next step for us to set up a global digital hub which would serve as transformation and innovation engine for Fiat Chrysler and drive global technology strategy and delivery experience through robust platform, technology and service centres of excellence," FCANorth America and Asia Pacific CIO Mamatha Chamarthi said at a virtual event. In less than twelve months, the automaker has made this vision a reality, she added
This project will create nearly 1,000 new cutting-edge technology employment Opportunities by the end of 2021 and has plans to increase hiring over the next two to three years.
Singapore Investigates Post supporting Indian Farmers' protest
MoUs for investment worth Rs 19955 crore has been signed, Tamil Nadu
FPIs tank up Rs 1.4 L cr of stocks, dump debt