Fiat Chrysler Automobiles (FCA) on Wednesday said it will invest $150 million (around Rs 1,103 crore) to set up a global digital hub in Hyderabad. Named FCA ICT India, it will be the company’s largest digital hub outside North America.

FCA ICT India will create nearly 1,000 jobs by the end of 2021. The digital hub will develop products and concepts that will define the future of mobility at FCA. It will focus on building strategic competencies in niche technology areas such as connected vehicle programmes, artificial intelligence, data accelerators and cloud technologies, among others.

“Our goal is to build an innovation powerhouse that harnesses the intelligence enabled by data to build exciting new products and services,” said Mamatha Chamarthi, chief information officer, FCA, North America and Asia Pacific.

FCA has presence in Maharashtra and Tamil Nadu, with headquarters in Mumbai.