Around 1100 crore investment is coming to Hyderabad. Chrysler Automobiles (FCA), a global automotive giant, is all set to set up a research and development centre at Gachibowli in Hyderabad in partnership with the Telangana government.
FCA is planning to invest close to USD 150 million and it is expected to provide jobs to 2,400 youths. The brands of FCA include some of the world’s best engineered and luxury cars, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, Ram and Maserati. While the automobile giant has over 48 R&D centres across the world in over 40 countries, this will be their first R&D centre in India.
The company has manufacturing centres in Mumbai and Chennai. The company has taken up a 400-seat capacity space in Wipro SEZ and will be expanding it to 1,000 seats progressively in 2021.
The focus of the FCA is to digitise every aspect of FCA’s automotive operations globally and within India.
Besides accelerating FCA’s digital transformation journey, the purpose of the new centre is to build strong competencies and expertise in technology areas that are critical to FCA’s strategic business.
, a global automotive giant, is all set to set up a research and development centre at Gachibowli in Hyderabad in partnership with the Telangana government.){kind=link}