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Marking a significant investment of USD 100 million in Hyderabad’seconomic landscape, FedEx Express (FedEx), a subsidiary of FedExCorp. (NYSE: FDX) and one of the world’s largest expresstransportation companies, inaugurated its first Advanced CapabilityCommunity (ACC) in Hyderabad today. At the forefront of thismilestone is FedEx’s commitment to leverage exceptional talent inIndia to support digital transformation and innovation. The launchceremony, witnessed the presence of, FedEx Corporation Presidentand CEO Raj Subramaniam and Richard Smith, FedEx Express Presidentand CEO of Airline and International.

The FedEx ACC is envisioned as a hub for technological and digitalinnovation, aligned with the Telangana government’s strategicemphasis on nurturing a thriving pool of tech talent. In additionto boosting employment opportunities, it will also contribute tothe development of new capabilities and meeting the technologicalrequirements of FedEx operations worldwide.

Raj Subramaniam, President and CEO of FedEx Corporation,said, “This investment in talent and innovation is part of ourbroader plan to drive excellence and deliver unparalleled smartlogistics solutions worldwide. By leveraging an exceptional talentpool, we are accelerating digital transformation and deliveringinnovative solutions to our customers.”

The first FedEx ACC becomes a pivotal step in the company’s globalstrategy, initiating a network of such communities worldwide.Furthermore, it will fuel the company’s growth and expansion andbring added value to the global supply chain ecosystem.

About FedEx Express
FedEx Express is one of the world’s largest express transportationcompanies, supplying fast and reliable delivery to more than 220countries and territories. FedEx Express uses a globalair-and-ground network to speed the delivery of time-sensitiveshipments by a definite time and date.

FedEx Express press releases are available here