FedEx invests USD 100 million to foster job growth and innovation in Hyderabad’s Tech Hub

Hyderabad welcomes the world’s first FedEx Advanced Capability Community, leveraging high-end talent and pioneering innovation

Dubai, UAE, December 7, 2023 — Marking a significant investment of USD 100 million in Hyderabad’s economic landscape, FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, inaugurated its first Advanced Capability Community (ACC) in Hyderabad today. At the forefront of this milestone is FedEx’s commitment to leverage exceptional talent in India to support digital transformation and innovation. The launch ceremony, witnessed the presence of FedEx Corporation President and CEO Raj Subramaniam and Richard Smith, FedEx Express President and CEO of Airline and International.

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