United States-based energy powerhouse, Chevron, has disclosed its intentions to inject $1 billion (around ₹8,390 crore) into the establishment of a technology centre in Bengaluru.

What Happened: Chevron unveiled its blueprint to set up the Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru on August 20. The company said this move signifies a crucial landmark in its commitment to India and will hold a pivotal role across Chevron’s worldwide operations and projects.

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The tech hub is projected to create approximately 600 jobs by the culmination of 2025, with plans to expand further in the future.

Chevron is also on the lookout for top-notch talent with specialised skills to back projects across its enterprise, spanning both engineering and digital services.

This announcement comes at a juncture when global capability centres are gaining traction and are anticipated to contribute 3.5% to India’s economic growth by 2030.

Akshay Sahni, the soon-to-be country head at Chevron India, shared his enthusiasm about strengthening ties with India’s vibrant tech community through its ENGINE centre.

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