Shell to open technology centre in Bangalore
Posted: 13 February 2006
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Shell says that Bangalore would be the location for its latest technology centre, Shell Technology India (STI). The centre will deliver high-end technical studies, projects and technical services for Shell across the globe, as well as supporting interests in India.
Currently, Shell has major research and development facilities in the USA and The Netherlands, and Bangalore will take its place with these. The services will span upstream exploration and production activities as well as downstream refinery and chemical operations. STI will also provide access to cutting-edge Indian talent.
Shell has made the largest Foreign Direct Investment into India among all integrated oil companies with around $one billion and is the only global major to have a retail licence in India.
Vikram Singh Mehta Chairman, Shell Companies in India said: “With nearly $one billion already invested in India, we feel that Shell Technology India can be taken as evidence that Shell intends to be in India for the long run and we are determined to make the venture a success."
The centre is due to open in the second half of 2006 and will move to a purpose-built campus in 2009. Recruitment has already started for the initial phase.
The attraction and retention of top Indian technical talent has been a major driver in establishing STI, and the company aims to grow to over 1000 people as quickly as the business will allow. Bangalore has been selected as the base since the city has become an Indian centre of science and technology development and offers an inspiring environment for top talent to work and live.
Posted by Editor Pipeline Magazine
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