Hyderabad to become key hub for global operations of TechnipFMC

Hyderabad is going to become a key hub for the global operations of TechnipFMC, the French-American oil and gas giant. The city will soon have a software global delivery centre and precision engineering manufacturing facility of TechnipFMC, a global leader in traditional and renewable energy industry. The proposed investment will generate 3,500 jobs.

Following a meeting with IT and Industries Minister K.T. Rama Rao in Houston, TechnipFMC,  decided to choose Hyderabad as the destination for their cutting edge software global delivery and capability center

In addition, TechnipFMC has chosen Hyderabad as the site for their manufacturing facility with international standards, specializing in the realm of precision engineering and creating 1,000 jobs in the next 5 years. TechnipFMC will be investing over US $150 Million (Rs. 1,250 Crores), with export value of US $650 Million (Rs. 5,400 Crores) towards the Hyderabad facilities in the initial phase.

Minister KT Rama Rao held meeting with Anders Dahl - Senior Vice President One Engineering at TechnipFMC, Housila Tiwari, Managing Director and Country Head for TechnipFMC in India, and other senior executives at the TechnipFMC campus in Houston. The meeting marked a significant milestone in the partnership between TechnipFMC and the Government of Telangana.

The TechnipFMC will set up an IT and Engineering delivery center and a state-of-the-art manufacturing facility for precision engineering in Hyderabad. The facility will create employment opportunities primarily in the areas of specialized engineering talent and also create several indirect employment opportunities in addition to the 3,500 direct jobs. The facility's phased approach contributing the export value worth US $650 Million further strengthens Telangana’s position as a global manufacturing hub.

Principal Secretary of IT and Industries Departments, Mr. Jayesh Ranjan, Special Secretary, Investment Promotion & NRI Affairs, Mr. E Vishnu Vardhan Reddy and Chief Relations Officer, Mr. Amarnath Reddy Atmakuri, Director, Aerospace and Defence, Praveen PA were present in the meeting along with the TechnipFMC team.