FedEx Express launches Hyderabad Innovation Hub with $100 mn investment
WAREHOUSING & LOGISTICS

FedEx Express launches Hyderabad Innovation Hub with $100 mn investment

FedEx Express, a subsidiary of FedEx, marked the inauguration of its inaugural Advanced Capability Community (ACC) in Hyderabad, accompanied by an initial investment of $100 million.

The event highlighted FedEx's dedication to harnessing outstanding talent in India for the advancement of digital transformation and innovation. Raj Subramaniam, President and CEO of FedEx, and Richard Smith, President and CEO of Airline and International at FedEx, were both present at the launch ceremony, as stated in an official release.

The FedEx ACC is conceived as a hub for technological and digital innovation, aligning with the strategic focus of the Telangana government on fostering a vibrant pool of tech talent, according to the release. It is anticipated to not only enhance employment opportunities but also contribute to the development of new capabilities, meeting the technological demands of FedEx operations globally.

Raj Subramaniam emphasised, This investment in talent and innovation is part of our comprehensive strategy to promote excellence and provide unparalleled smart logistics solutions worldwide. By tapping into an exceptional talent pool, we are expediting digital transformation and delivering innovative solutions to our customers.

The inaugural FedEx ACC represents a pivotal move in the company's global strategy, serving as the first in a network of such communities worldwide, the release further stated.

FedEx Express, a subsidiary of FedEx, marked the inauguration of its inaugural Advanced Capability Community (ACC) in Hyderabad, accompanied by an initial investment of $100 million. The event highlighted FedEx's dedication to harnessing outstanding talent in India for the advancement of digital transformation and innovation. Raj Subramaniam, President and CEO of FedEx, and Richard Smith, President and CEO of Airline and International at FedEx, were both present at the launch ceremony, as stated in an official release. The FedEx ACC is conceived as a hub for technological and digital innovation, aligning with the strategic focus of the Telangana government on fostering a vibrant pool of tech talent, according to the release. It is anticipated to not only enhance employment opportunities but also contribute to the development of new capabilities, meeting the technological demands of FedEx operations globally. Raj Subramaniam emphasised, This investment in talent and innovation is part of our comprehensive strategy to promote excellence and provide unparalleled smart logistics solutions worldwide. By tapping into an exceptional talent pool, we are expediting digital transformation and delivering innovative solutions to our customers. The inaugural FedEx ACC represents a pivotal move in the company's global strategy, serving as the first in a network of such communities worldwide, the release further stated.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code