Aug 22 (Reuters) - Chevron ( CVX ) plans to invest 83
billion rupees ($989.20 million) in India's Bengaluru, in what
will be the oil and gas firm's largest tech center outside the
United States, a minister with the state government of Karnataka
said late Wednesday.
Chevron's ( CVX ) proposed new research and development hub will
create 600 engineering jobs, Karnataka Commerce & Industries,
and Infrastructure Minister MB Patil said in a post on social
media platform X.
The billion-dollar investment will be spread over 5-6 years,
with the company aiming to hire over 600 employees by the end of
2025, Akshay Sahni, the incoming head of Chevron India, said in
an interview with the Times of India published on Wednesday.
($1 = 83.9040 Indian rupees)