Business News
Home > Business News
FedEx invests $100 mn to foster job growth, innovation in Hyderabad
TIWN
TIWN
PHOTO : TIWN
New Delhi, Dec 5 : Courier delivery services giant FedEx on Tuesday inaugurated its first-ever advanced capability community (ACC) hub in Hyderabad, marking a significant investment of $100 million in the city’s tech landscape.
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, the company said in a statement.
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.
Add your Comment
Comments (0)
More Business News
- India's business activity surges to 3-month high in July
- Rs 6.67 lakh crore investment needed by 2031-32 to expand thermal power capacity
- Adani Energy Solutions posts 73 pc net profit growth in Q1, revenue surges 43 pc
- Centre's fiscal consolidation plan will boost India's credit profile: Global agencies
- Experts clarify new capital gains tax regime for realty sector