Shell sets up research centre in Bangalore

Shell to Hire 1,000 in India for Research
Royal Dutch Shell to Hire 1,000 New Employees in India for Technical Research
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ABC News

BANGALORE, India Feb 7, 2006 (AP)— Royal Dutch Shell plc said Tuesday it will hire 1,000 new employees this year and open a technology research center in Bangalore.

The new center which follows Shell's two centers in The Netherlands and one in the United States would provide technical studies and services related to oil exploration, refining and chemical operations, Shell's Indian head Vikram Singh Mehta said in a statement.

It will open in the second half of 2006, he said adding that Shell also plans to build its own campus in Bangalore by 2009.

Shell, incorporated in the United Kingdom and headquartered in Amsterdam, has already invested $1 billion in India.

India is the world leader in offshore outsourcing software development, technical research, engineering design and back-office operations. It is expected to earn more than $22 billion from such services in the fiscal year ending March.

Bangalore is India's technology hub, accounting for a third of its outsourcing revenues.