Hyderabad will soon be home to a software global delivery center and precision engineering manufacturing facility of TechnipFMC, a French-American energy company. The company will invest over $150 million and create 3,500 jobs in Hyderabad. The decision to choose Hyderabad was made during a meeting between IT and Industries Minister KT Rama Rao and the leadership team of TechnipFMC, including Senior Vice President Anders Dahl and Managing Director Housila Tiwari.
The IT and Engineering delivery center will cover an area of about 250,000 square feet, while the precision engineering manufacturing facility will cover 150,000 square feet. The facilities will primarily employ specialized engineering talent and create indirect employment as well. The investment will contribute to Telangana’s position as a global manufacturing hub.
Minister KT Rama Rao’s team, including Principal Secretary Jayesh Ranjan and Special Secretary E Vishnu Vardhan Reddy, were present at the meeting along with the TechnipFMC team.
