The Bosch Group is
strengthening its presence in the Indian growth market. “In 2016, we are
planning to invest more than 100 million euros (Rs 743 crore approx) in our
Indian manufacturing and development locations”, said Peter Tyroller, the
member of the Bosch board of management responsible for the Asia Pacific
region. The lion’s share of this investment is going toward expanding the Bosch
Adugodi location in Bangalore, southern India. In the last two years, the
global supplier of technology and services has invested nearly 50 million euros
to turn its oldest Indian manufacturing
location into a high-tech development centre.
In the presence of prominent
guests from politics and business, Bosch inaugurated two new facilities that
offer space for 20 state-of-the-art research and test labs. More investments
are planned to keep expanding the Adugodi location in the coming years.
India as an important
development hub for Bosch
“The expansion of the Adugodi
site illustrates how important India is for the Bosch Group as an innovative
location,” said Tyroller. Today, Bosch’s development activities in India are
the most comprehensive outside Germany, with more than 14,000 associates
currently employed in this area. Around 3,000 of them work at the new
facilities in Adugodi, which were planned with a special focus on creating an
inspiring work environment. .
Bosch engineers in India
develop solutions in a number of areas, including driver assistance and
security systems, data mining, and software solutions for the Internet of
Things (IoT). As a result, Bosch is gaining significance as a software employer
in India. This year, the company plans to hire 3,500 local graduates. With a
total of over 30,000 associates in India, Bosch is one of the country’s largest
employers.