Fiat Chrysler will invest $ 150 million to establish a global technology hub in India
Fiat Chrysler Automobiles (FCA) has a big announcement to make, guys: The company will invest $ 150 million to establish a new Global Digital Hub in Hyderabad. This facility, dubbed FCA ICT India, will be FCA’s largest technology center outside of North America and the EMEA. And the investment to create this innovation and technology development facility in India will help grow the group’s presence here. It might also be interesting to note that FCA ICT India assures it will create around 1,000 new jobs by the end of 2021 and plans to further increase hiring activities in India over the next two to three years.
Regarding the purpose that this new Global Digital Hub will serve, the FCA Group says the facility will act as an “ engine of transformation and innovation ” and will focus on building expertise in technology-related areas such as artificial intelligence, connected vehicles, cloud technologies, data accelerators, etc.
Karim Lalani, Director and Head of FCA ICT India, said: “We are working closely with strategic technology partners to accelerate the growth of our talent and skills in FCA ICT India. We are also hiring aggressively and the answer is overwhelming. I am thrilled to see the new ideas and technologies our talented engineers and data scientists will develop for our customers. We expect our Global Digital Hub to drive innovation in multiple areas, including customer security, connected mobility and the digital showroom experience. We are excited to build a truly pioneering global digital hub that will strengthen FCA’s position as a leader in global mobility. “
FCA already has a significant presence in Maharashtra and Tamil Nadu, including its Indian headquarters in Mumbai and a joint venture vehicle and powertrain manufacturing facility in Ranjangaon, Maharashtra, and engineering and product development operations in Pune and Chennai. . With the Global Digital Hub, FCA India’s presence will also be extended to Telangana.