Technip Energies plans strategic expansion in India
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 21 2024
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Source: Reuters
Technip Energies Expansion in India: Technip Energies announced plans to open a new R&D laboratory in Chennai and an office in Ahmedabad by 2025, emphasizing India's strategic importance to the company as it has been operating there for over 50 years.
Focus on Green Energy: The company is enhancing its Dahej manufacturing facility and establishing a "Green H2 & Power-to-X" center in Delhi to target the growing market for green hydrogen and ammonia, aligning with India's goals for increasing non-fossil fuel capacity.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
