FedEx Invests $100 Million in Hyderabad Innovation Hub to Drive Global Digital Transformation

• ByStartupStory     |    December 7, 2023

FedEx Corporation is making a significant investment of $100 million in its inaugural global advanced capability community (ACC) center, inaugurated in Hyderabad on Tuesday. Established by FedEx Express, its subsidiary, the ACC is strategically positioned to harness India’s pool of talent, driving digital transformation and innovation within the company.

The ACC is envisioned as a hub for technological and digital innovation, aligning with the strategic focus of the Telangana government on nurturing a robust tech talent pool. FedEx emphasized that this marks the first of many such communities globally, signaling a pivotal step in the company’s global strategy. The initiative is expected to propel FedEx’s growth, expansion, and enhance the overall value of the global supply chain ecosystem.

While specific details regarding hiring numbers and capacity of the new ACC were not provided, FedEx highlighted that, in addition to creating job opportunities, the center will play a crucial role in developing new capabilities and meeting technological requirements for FedEx operations worldwide.

Raj Subramaniam, President and CEO of FedEx Corporation, emphasized that the investment in talent and innovation is part of the company’s broader plan to achieve excellence and provide unmatched smart logistics solutions on a global scale. Leveraging an exceptional talent pool, FedEx aims to accelerate digital transformation and deliver innovative solutions to its customers, contributing to the advancement of the logistics industry.

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