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ExxonMobil to Invest $400Min India

ExxonMobil to Invest $400Min India

Oil major ExxonMobil will set up a technical and business support center as well as an R&D facility in Bangalore, the capital of the southern state of Karnataka. When the center starts in late 2015 it will initially have about 1,000 employees, and this number is likely to increase five or six times when it is fully operational.

When The Times of India contacted a spokesman from Exxon the person confirmed that the company is “establishing a new affiliate to develop a business support center in Bangalore later this year to provide a range of technical and business support services for the company globally.”

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