FedEx Express, a subsidiary of FedEx Corp, has invested USD 100 million in Hyderabad’s economic landscape. The company has inaugurated its first Advanced Capability Community (ACC) in Hyderabad, which is a hub for technological and digital innovation. The launch ceremony was attended by FedEx Corporation President and CEO Raj Subramaniam and Richard Smith, FedEx Express President and CEO of Airline and International.
The FedEx ACC is aligned with the Telangana government’s strategic emphasis on nurturing a thriving pool of tech talent. It will boost employment opportunities and contribute to the development of new capabilities, meeting the technological requirements of FedEx operations worldwide. The company’s global strategy includes initiating a network of such communities worldwide, and the first FedEx ACC becomes a pivotal step in this direction.
Raj Subramaniam, President and CEO of FedEx Corporation, 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 FedEx ACC will fuel the company’s growth and expansion and bring added value to the global supply chain ecosystem.
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