UPS and Guidance, the nodal agency for investment promotion and single window facilitation of the Government of Tamil Nadu, signed an Investment Memorandum of Understanding (MoU) at the Tamil Nadu Global Investors Meet.
The latest expansion builds on an initial investment of $15 million to $20 million announced in 2023 for the India technology center, according to an official UPS release. “In August 2023, the company opened its first technology center in Chennai. The technology center also reinforces UPS’s commitment to empowering women and rural populations, including offering fulfilling career opportunities in technology. It shows.”
As part of skill upgradation efforts, students from rural areas of Tamil Nadu have already joined UPS Technology Centers as interns under the state government’s Naan Mudarvan scheme, the release added.
“As a world-class technology and innovation hub, Chennai can drive global innovation,” said Subramani Ramakrishnan, Vice President, UPS India Technology Center. and economic acceleration. We would like to thank the Government of Tamil Nadu and the leadership team for supporting us in developing a high-tech future through digitization, data analysis and automation. Innovative technologies developed at our technology centers in India enable us to offer an unparalleled logistics experience to our customers across all industries. ”
