Bengaluru to get $1 billion investment from international energy company over 5-6 years: Report

Chevron is establishing the ENGINE centre in Bengaluru, aiming to enhance global operations with a $1 billion investment over 5-6 years.

Published on: Aug 21, 2024, 16:56:17 IST

By Yamini C S

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Bengaluru is all set to get a one billion dollar-investment from an international energy company, expected to generate huge employment opportunities for locals.

The facility will create around 600 jobs by 2025, focusing on engineering and digital services. (Reuters file photo)

Energy giant Chevron has revealed plans to invest one billion dollars over the next 5-6 years in establishing the Chevron Engineering and Innovation Excellence Centre (ENGINE) in the Karnataka capital, The Hindu Businessline reported. This new facility will be crucial for the company's global operations and initiatives.

Akshay Sahni, the soon-to-be Country Head of Chevron India, spoke to the publication and emphasised that the centre will provide significant career opportunities for local professionals. It will focus on addressing the current global energy needs and advancing towards a lower-carbon energy future, the report stated.

“Chevron ENGINE will create meaningful opportunities for local professionals to work on the incredible challenge of meeting the global energy demands of today and building the lower carbon energy system of tomorrow,” Sahni said, as quoted by the publication.

Chevron intends to attract highly skilled professionals to support its diverse projects, which span engineering and digital services. By the end of 2025, the company expects to fill around 600 positions, with additional hires planned as the centre develops, the report added.

Sahni highlighted that Chevron ENGINE will leverage India's extensive talent pool and combine it with the company's global expertise and resources.

Chevron is a major player in the energy sector, involved in the production of crude oil and natural gas, as well as offering transportation fuels, lubricants, petrochemicals, and additives.

ABOUT THE AUTHOR
Yamini C S
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More

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