US-based energy giant Chevron announced a huge USD 1 bn investment in Bengaluru for setting up a new technology center on August 20. Christened Chevron Engineering and Innovation Excellence Center, or ENGINE, this facility is going to prove critical to the group’s global operations and projects.
Chevron plans to employ about 600 people by the end of 2025, with further job additions in subsequent periods. The company will hire ‘best-in-class’ talents possessing specialized engineering and digital service skills to aid its numerous initiatives across the world.
This comes when the GCCs are in an accelerated growth phase in India, with estimates indicating that by 2030 it can add a contribution of around 3.5 percent to the Indian GDP alone. The new center will also allow local professionals to work on global energy challenges and further progress low-carbon energy systems as part of Chevron’s diverse energy portfolio.
Akshay Sahni, the incoming country head at Chevron India, emphasized the commitment of the company toward technological innovation in the energy sector and a collaborative work environment. The center is envisioned to build deeper engagement with the dynamic tech ecosystem in India and to make meaningful contributions toward the global process of energy transition.
“We are proud to deepen our roots in this thriving tech community,” said Sahni. “Chevron ENGINE enables us to combine a sizable domestic talent pool of outstanding skills with international resources and expertise from our global network, working together to provide affordable, reliable, and ever-cleaner energy for a growing world.”
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Source: Moneycontrol
News Desk
