Fiat Chrysler to spend US$150m setting up global tech centre in India
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[NEW DELHI] Fiat Chrysler Automobiles (FCA) on Wednesday said it plans to spend US$150 million to set up a global technology centre in the southern Indian city of Hyderabad.
The centre will create nearly 1,000 jobs by the end of 2021, and will focus on development for future mobility in areas such as connected vehicles, artificial intelligence, data science and cloud technology, FCA said in a statement.
"One of the key objectives... is to digitalise every aspect of FCA's automotive operations globally and within India, and to shift from legacy to digital through adoption of emerging technologies," Mamatha Chamarthi, chief information officer for North America and the Asia-Pacific region, said in the statement.
The automaker, which produces and sells its Jeep sport-utility vehicle in India, said it plans to increase hiring for the technology centre over the next two to three years.
It also said it plans new cars for 2021.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
