Chevron, a major US-based energy company, has pledged a significant $1 billion investment to establish a technology center in Bengaluru, India. The new facility, known as the Chevron Engineering and Innovation Excellence Center (ENGINE), is a testament to Chevron’s commitment to India and its strategic importance in the company’s global operations.
The ENGINE center, which was announced on August 20, is anticipated to create approximately 600 jobs by 2025 and will play a crucial role in supporting Chevron’s global projects and initiatives. This tech hub will focus on attracting top talent with expertise in both engineering and digital services.
The establishment of Chevron’s technology center aligns with the growing trend of global capability centers in India, which are projected to contribute 3.5% to India’s economic growth by 2030. The decision reflects Chevron’s recognition of India’s vibrant tech community and its potential to contribute to the company’s future success.
Akshay Sahni, the upcoming country head of Chevron India, expressed his excitement about leveraging India’s tech talent through the ENGINE center. He emphasized the center’s role in strengthening ties with the local tech community and fostering innovation.
This announcement underscores Chevron’s commitment to India and its strategic importance in the company’s global operations. With a focus on innovation and job creation, the ENGINE center is set to be a significant contributor to both Chevron’s success and the growth of India’s technology sector.
