Categories: Economy

Fiat Chrysler to invest $150 million in tech centre at Hyderabad

Fiat Chrysler Automobiles (FCA) announced on Wednesday that it plans to invest $150 million to set up a global technology centre in Hyderabad.

According to a company statement, the centre will create nearly 1,000 jobs by the end of 2021, and will focus on developing future mobility in areas such as connected vehicles, artificial intelligence, data science and cloud technology.

The multinational auto giant, which produces and sells its Jeep sport-utility vehicle in India, said it plans to increase hiring for the technology centre over the next two to three years.

“One of the key objectives is to digitalise every aspect of FCA’s automotive operations globally and within India, and to shift from legacy to digital through adoption of emerging technologies,” Mamatha Chamarthi, chief information officer for North America and the Asia-Pacific region, said in the statement..

indianarrative

Recent Posts

Protests erupt across PoGB over Kurram attack, shia community seeks justice

Protest demonstrations broke out across different areas of Pakistan-occupied Gilgit-Baltistan after Friday prayers, with thousands…

7 hours ago

UKPNP Slams Pakistan’s Unconstitutional Presidential Order in PoJK

Jamil Maqsood, the President of the Foreign Affairs Committee of the United Kashmir People's National…

10 hours ago

Meeting of ASEAN-India Trade in Goods Agreement committee concludes in Delhi

The 6th meeting of the ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee concluded in…

10 hours ago

US adds 29 Chinese firms to Uyghur Forced Labor Prevention Act Entity list

The US Department of Homeland Security (DHS), on behalf of the Forced Labor Enforcement Task…

10 hours ago

Tibetan Parliament-in-Exile calls for UK’s action on China’s Abuses

A delegation from the Tibetan Parliament-in-Exile (TPiE), led by Speaker Khenpo Sonam Tenphel and accompanied…

11 hours ago

Indian Dornier 228 aircraft flypast on the sidelines of India-CARICOM Summit

On the sidelines of the 2nd India-CARICOM Summit, leaders of the member countries witnessed a…

11 hours ago