Technip Energies Expands Operations in India with New Ventures

Technip Energies Bolsters Presence in India

Technip Energies (PARIS: TE) is making significant strides in India by establishing a new office in the Gujarat International Finance Tec-City (GIFT City) and launching a cutting-edge Research and Innovation Center in the IIT Madras Research Park located in Chennai. These initiatives are part of a broader strategy to foster innovation and drive sustainable energy solutions for both local and global needs.

New Office in Ahmedabad

The newly inaugurated office near Ahmedabad marks Technip Energies' fourth operational center in India. Situated strategically between Ahmedabad and Gandhinagar, this office in GIFT City is a significant move as it is India’s first operational smart city. The location is designed to provide a robust ecosystem complete with state-of-the-art facilities and a conducive environment for business operations.

Economic Impact and Workforce Growth

This new establishment is expected to employ approximately 300 skilled professionals by 2025, contributing not only to the growth of Technip Energies but also aiding in the economic development of the region. As Gujarat is known for its rich talent pool and sturdy infrastructure, the new office is set to attract some of the brightest minds in the industry who will play key roles in delivering innovative energy solutions.

Innovation Center at IIT Madras Research Park

Technip Energies’ Research and Innovation Center at the IIT Madras Research Park is the company’s fourth global lab. This advanced facility is aimed at developing technologies that align with pressing market needs such as low carbon energy derivatives, industrial decarbonization, and circular economy principles. With strong emphasis on research and technology innovation, the center will act as a pivotal entity in Technip Energies’ global strategy.

Leadership Insights

Arnaud Pieton, CEO of Technip Energies, emphasized the significance of India in the company’s global strategy: “India is a cornerstone of our global strategy. Our presence here reflects our commitment to supporting the clean energy transition—one of the largest globally—while bolstering industrial growth. With approximately 1.5 million new engineers joining the workforce annually, merging this talent with our expertise propels us toward innovative energy solutions.”

Strengthening the Clean Energy Sector

Davendra Kumar, Managing Director of Technip Energies India, shared insights about India’s position in the global energy transition. He stated that the new office and research center not only reinforce Technip Energies' commitment to technical advancement but also to sustainability. His vision encapsulates facilitating indigenous solutions that contribute meaningfully to India’s journey toward a low-carbon future.

Collaboration and Innovation

The IIT Madras Research Park, recognized as the first university-based research park in India, synergizes academia, industry, and government efforts. This ecosystem presents Technip Energies with unparalleled access to top-tier talent and innovative technologies essential for scaling advancements in the energy sector.

Technip Energies’ Legacy and Future in India

Technip Energies boasts a history of over five decades in India, establishing a solid foothold with offices in major cities like Chennai, Delhi, and Mumbai. With a dedicated workforce of around 4,600, Technip Energies is well-positioned to respond to the growing demands of the Indian market while simultaneously contributing to various global projects.

Commitment to Sustainability and Excellence

The company has generated impressive revenue of €6 billion in 2023 and holds leadership positions across several critical markets including LNG, hydrogen, and sustainable chemistry. Over 17,000 employees in 34 countries reflect a steadfast commitment to bridging the gap between prosperity and sustainability.

Frequently Asked Questions

What are the major developments Technip Energies is undertaking in India?

Technip Energies is opening a new office in Ahmedabad and a Research and Innovation Center at IIT Madras, aimed at enhancing its operations and technology development in India.

Why is the new office significant for Technip Energies?

This new office will foster a conducive business environment while creating approximately 300 jobs and supporting the economic growth of the region.

What focus areas will the Research and Innovation Center target?

The center will focus on critical areas such as low carbon energy derivatives, industrial decarbonization, and circular economy principles to align with Technip Energies' key markets.

How does Technip Energies view India's role in the global energy transition?

Technip Energies recognizes India as a vital component of its global strategy and is committed to supporting India's clean energy transition and industrial growth.

What is Technip Energies' presence in India?

Technip Energies has had a strong presence in India for over five decades, operating in key cities and employing around 4,600 people.

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