JOIN USShell on Thursday announced their new technology facility in Bangalore which marks the next step in the company’s expansion into developing technology in Asia.
This centre, spread across 40 acres in Devanahalli would employ 1,500 technology specialists and will be the third such centre in the world after Houston USA and Amsterdam in the Netherlands. The company already employs 900 people in two separate offices in the city, which will be scaled up to 1,500 employees.
Royal Dutch Shell Director (Projects & Technology) said, “We see a clear need to align our technology capabilities with our future growth markets.
Both India and China, where we recently strengthened our technology footprint, are exciting prospects for us, as well as Asia more broadly.” Globally, Shell spent $1.1 billion in 2011 on research and development.
Karnataka Large and Medium Scale Industries Minister Murugesh Nirani said that the state is proud to have Shell invest in it. He added that Shell’s proposal was cleared in 2010 and MoU signed in Global Investors Meet the same year.