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Federal Card Services: $250 Million Investment to Build Global Premium Card Hub in Pune, India

Industrial Goods/Services

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Published on 18th November 2025, 2:13 PM

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Author

Simar Singh | Whalesbook News Team

Overview

Miami-based Federal Card Services (FCS) is investing $250 million to establish a major manufacturing, technology, and services hub in Pune, India. This facility will become a central node in FCS's global network, producing premium and eco-friendly payment cards. The investment is expected to create over 1,000 jobs and will feature a plant commencing operations in February 2026, aiming for a capacity of 26.7 million cards annually.