Bosch
India is celebrating its 100th anniversary. Bosch is a leading supplier of
technology and services in the areas of mobility solutions, industrial
technology, consumer goods, and energy and building technology.
Bosch
opened its first sales agency in Kolkata in 1922. From these beginnings, it now
encompasses 18 manufacturing sites and 7 development and application centers,
employing close to 31,500 associates. Its century-long journey, rooted in a
legacy of excellence, has always been about moving into new business areas.
Over
the next five years, Bosch India will invest more than Rs 1000 crores in the
localization of advanced automotive technologies, and in this way support
Atmanirbhar Bharat, the vision of making India self-reliant.
“Bosch India has brought together the best of
German engineering and Indian entrepreneurship to develop innovative products
across all segments,” says Dr. Stefan Hartung, chairman of the board of
management of Robert Bosch GmbH, adding that, “I wholeheartedly congratulate
the management and associates of Bosch India on reaching this milestone without
compromising on performance and consumer trust.”
“Bosch’s
100-year journey in India is a testament to the passion, hard work, and
dedication of our associates. I sincerely thank our associates for the part
they have played in this,” says Soumitra Bhattacharya, the managing director of
Bosch Limited and president of the Bosch Group in India. “
Bosch
India will remain true to its roots and evolve, innovate, and spark the next wave
of big-ticket products and services. We will continue to pursue this vision for
a digital, sustainable, efficient, self-reliant, and future-ready India.” he
further added.
Bosch
is taking further strategic steps towards a leading position in the software-dominated
future of mobility by combining its‘ automotive know-how, wide-ranging
electronics and software expertise. In mobility hardware and software
development, BGSW is the largest R&D center outside Germany with 20,000+
engineers.
Bosch
is the market leader in the powertrain business. It maintains a technology
neutral approach with regards to powertrain, be it gasoline, diesel or
electrification. Considering the ever-changing needs of mobility Bosch provides
more than one powertrain technology to make mobility more sustainable.
Bosch
is also the global leader in electric powertrain solutions. Bosch estimates
that by 2030, every third new vehicle in India will be an EV. At the same time,
dependent on use case / customer strategy, the Internal Combustion Engine (ICE)
could also be electrified with mild and strong hybrids. The ICE remains an
important part of the powertrain mix especially in commercial vehicles and off
highway segments.
Bosch
supports the government vision to reduce road accidents by over 50 percent by
2025. Bosch’s expertise in assisted and automated mobility ranges across
passenger and commercial vehicle driver assistance with India-specific object
identification technology, motorcycle safety and rider assistance, and braking
and occupant safety (4W and 2W). Bosch India has invested Rs 380 crore over the
last 10 years and an additional Rs 238 crores is planned over the next 5 years
in safety domain.
Going strong in all four business sectors
As
an AIoT company, Bosch India is leveraging AI, IoT, automation, and
digitalization to develop smart, secure, efficient, and sustainable smart
products of the future. Sales of connected power tools, household appliances,
and heating systems alone have grown by 50 percent within one year – from four
million units in 2020 to more than six million in 2021 globally. With the Bosch
Center for Artificial Intelligence (BCAI), the company has established a strong
unit in the field of AI that has already contributed some 300 million euros to
result.
Bosch
will continue to invest heavily in India to expand its portfolio close to 7
percent of total net sales. Backed by the biggest R&D team outside Germany
– Bosch’s Beyond Mobility businessworks to the highest international standards
of manufacturing, product, and service quality to formulate indigenous,
affordable, and India-specific innovations.