Monday, Feb 26 2024 | Time 13:07 Hrs(IST)
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Business Economy


FedEx invests USD 100 million to foster job growth & innovation in Hyderabad's Tech Hub

Hyderabad, Dec 5 (UNI) FedEx Express (FedEx), a subsidiary of FedEx Corp. and one of the world’s largest express transportation companies, on Tuesday announced it has inaugurated its first Advanced Capability Community (ACC) in Hyderabad.
At the forefront of this milestone is FedEx's commitment to leverage exceptional talent in India to support digital transformation and innovation, the company said in a release here.
The launch ceremony witnessed the presence of FedEx Corporation President and CEO Raj Subramaniam and Richard Smith, FedEx ExpressPresident and CEO of Airline and International.
The FedEx ACC is envisioned as a hub for technological and digital innovation, aligned with the
Telangana government's strategic emphasis on nurturing a thriving pool of tech talent.
In addition to boosting employment opportunities, it will also contribute to the development of new
capabilities and meeting the technological requirements of FedEx operations worldwide.
On the occasion, Raj Subramaniam, said, “This investment in talent and innovation is part of our broader plan to drive excellence and deliver unparalleled smart logistics solutions worldwide. By leveraging an exceptional talent pool, we are accelerating digital transformation and delivering innovative solutions to our customers.”
The first FedEx ACC became a pivotal step in the company';s global strategy, initiating a network of such communities worldwide. It will fuel the company's growth and expansion and bring added value to the global supply chain ecosystem.
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