Bengaluru, Aug 23 (IANS) Global energy solutions leader Chevron on Friday announced to invest Rs 8,300 crore to set up its engineering and innovation centre of excellence (ENGINE) in Bengaluru.
Bengaluru, Aug 23 (IANS) Global energy solutions leader Chevron on Friday announced to invest Rs 8,300 crore to set up its engineering and innovation centre of excellence (ENGINE) in Bengaluru.
The centre will hire 600 engineers by 2025 in engineering and digital services to accelerate energy system technology innovations, the company said in a statement.
“The collaboration between the state government and Chevron company in implementing this Rs 8,300 crore investment is a clear indication of the significant progress in engineering and innovation in Karnataka,” said MB Patil, State Large and Medium Industries Minister.
The state government is committed to promoting innovation, economic growth and job creation, he added.
Chevron centre will create significant employment opportunities for local professionals, allowing them to respond to the challenge of meeting current global energy demands and contribute to the production of clean, low-carbon fuels in the future.
Patil explained that Chevron team that will be operating here will execute complex global operations and energy projects in collaboration with international stakeholders.
“This centre will provide an opportunity for India’s exceptional talent to work with the resources and expertise of our global network to provide affordable, reliable clean energy,” said Dr Akshay Sahni, Country Head of Chevron India.
The minister further said that Bengaluru is home to more than 500 Global Competence Centres (GCCs) and accounts for more than 30 per cent of India’s GCCs, including finance, healthcare, retail, manufacturing and other sectors.
Karnataka has been consistently leading the way in promoting economic growth and development, he added.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by BhaskarLive.in and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of BhaskarLive.in We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, BhaskarLive.in takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
