FedEx Pours $100 Million Investment into Hyderabad Capability Center

In a strategic move, FedEx Express (FedEx) has unveiled plans to invest $100 million in establishing its inaugural global Advanced Capability Community (ACC) in Hyderabad. The ACC, inaugurated recently, is poised to serve as a central hub for fostering technological and digital innovation within the FedEx ecosystem.

Raj Subramaniam, President and CEO of FedEx Corporation, expressed the significance of the ACC, stating, “It will contribute to the development of new capabilities and meeting the technological requirements of FedEx operations worldwide.” He inaugurated the facility and remarked that this marks a pivotal step in the company's global strategy, initiating the establishment of a network of similar communities across the globe.

The investment underscores FedEx's commitment to staying at the forefront of technological advancements, leveraging the capabilities of the ACC to drive innovation and enhance operational efficiency. As the first of its kind for FedEx, the ACC in Hyderabad is expected to play a crucial role in shaping the company's technological landscape and setting the stage for similar initiatives on a global scale.

This move aligns with FedEx's broader vision to strengthen its global footprint and ensure that it remains at the forefront of advancements in the logistics and delivery industry. The company's focus on creating dedicated hubs for technological innovation reflects its dedication to meeting the evolving needs of the global market and maintaining its position as a leader in the logistics sector.

HBL