Fiat drives into Hyderabad with Rs 1,100 cr digital hub
New Delhi: Auto major Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest $150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad to help the group develop new technologies to cater to its automotive operations across the globe.
The facility, which is FCA's largest digital hub outside of North America, would create nearly 1,000 jobs by the end of next year.
"While reviewing our strategy last year, we knew the next step for us to set up a global digital hub which would serve as transformation and innovation engine for Fiat Chrysler and drive global technology strategy and delivery experience through robust platform, technology and service centres of excellence," FCANorth America and Asia Pacific CIO Mamatha Chamarthi said at a virtual event. In less than twelve months, the automaker has made this vision a reality, she added.