Advertisement

US-based TechnipFMC To Invest $150mn In Telangana For Establishing Global Delivery Centre 

CM Rao stated that the facility is expected to produce 2,500 engineering jobs and 1,000 manufacturing jobs

Photo Credit : shutterstock,

TechnipFMC, a technology provider to the traditional and new energy industries, will invest USD 150 million (Rs 1,250 crore) to establish its software Global Delivery Centre and Precision Engineering Manufacturing Facility.


According to a tweet from Telangana Minister for IT and Industries K T Rama Rao, who is currently travelling the United States in seeking investment, the facility is expected to produce 2,500 engineering jobs and 1,000 manufacturing jobs.



KTR tweeted that the investment of more than USD 150 million (Rs. 1,250 crore) with an export value of USD 650 million (Rs 5,400 crores) is a significant boost for Hyderabad and a testament to the city's potential.


Tags assigned to this article:
startup delivery centre

Around The World

Advertisement