Fiat Chrysler Automobiles, or FCA, has announced that the group will be investing $150 million to set up a new global digital hub in India. According to FCA, it will create 1,000 new jobs by the end of 2021.
Fiat Chrysler Automobiles (FCA) has announced a fresh investment of $150 million (₹1,100 crore, approximately) in India to set up a new global digital hub in Hyderabad. According to FCA, the facility will create 1,000 new jobs by the end of 2021 and it’ll be the group’s largest digital hub outside North America and EMEA (Europe, Middle East and Africa).
Dubbed the FCA ICT, the new innovation and technology centre will drive the group’s global IT strategy with a focus on connected vehicle programs, artificial intelligence, cloud technologies and more.
In addition to the upcoming digital hub in Hyderabad, FCA has two other technology centres in the country – Chennai and Pune – both of which are operational for quite some time. The company has its production unit in Ranjangaon (Maharashtra), with FCA India’s headquarters in Mumbai. At present, the company has a workforce of 3,000 employees in India.
Commenting on the development, Dr Partha Datta, President and MD, FCA India said, 'The $150 million investment to set up a Global Digital Hub in Hyderabad, Telangana cements our continued commitment to India and our customers. FCA ICT India will be our technology backbone that will not only help us develop products for future mobility but will also sharpen our efforts to enhance customer-centricity. This is a significant step forward in realizing our vision to make our Indian operations more capable to develop digitally-driven products and technologies locally for India and also for the world.'
FCA currently owns a number of global automotive brands such as Fiat, Chrysler, Jeep, Maserati, Alfa Romeo, Dodge, Abarth, Lancia, Ram and more. In India, the group sells products from the Jeep and Maserati brands at the moment. The Jeep Compass is produced in India and it’s also exported to 13 right-hand drive markets, including countries like Japan and Australia. The Jeep Wrangler and Maserati models are brought into the country as direct imports or CBU.