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Expanding the company’s international presence Bosch to invest in Indian locations Research and Technology Center Bangalore opened

  • Bosch to invest some 160 million euros in India in 2014
  • Boost for local research and development
  • Research and Technology Center will focus on software solutions for internet of things and services
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  • February 03, 2014
  • Business/economy
  • Press releases

press release

Stuttgart/Bangalore – The Bosch Group is further expanding its business in India. This year, the supplier of technology and services intends to invest some 160 million euros in extending its locations in the country. The investments will focus on extending existing manufacturing sites and research and development facilities. The company announced this at today’s official opening of the new Bosch research center in Bangalore. “India will continue to play a key role for the Bosch Group, even if the next few years will present a few challenges given the recent drop in automotive sales in the country,” said Peter Tyroller, the Bosch management board member responsible for Asia Pacific.

The Research and Technology Center (RTC) Bangalore will focus on the development of connected technologies for the internet of things and services. Other focal points will be methods and tools for the efficient design of software-intensive systems, as well as image processing. The research center is part of the Bosch Group’s second largest development site, employing 10,500 researchers and engineers. One example of the effectiveness of localized development is the two-wheeler engine management system developed for the Indian market. This is now available in Europe as well. Customers from around the world will be able to see such innovations for themselves at a separate Bosch event. This is being staged to coincide with the Auto Expo trade show from February 5 to 8. Further information are available here.

Expansion of Indian manufacturing facilities
Over the past two years, the Bosch Group has increased its presence in India. In 2013, its subsidiary Bosch Rexroth opened a new plant in Ahmedabad. And, as India’s largest automotive supplier, Bosch has expanded its manufacturing facility for automotive parts in Chennai. Chennai is also the site of a new Bosch und Siemens Hausgeräte plant, currently under construction. In 2012, Bosch opened a new, larger manufacturing facility for packaging machinery in Verna and a manufacturing facility for heating systems in Kumbalgodu. By 2015, a diesel plant will have been moved from Adugodi in the center of Bangalore to a larger site in Bidadi, roughly 30 kilometers away. In the future, the existing Adugodi location will be used for administrative purposes as well as for research and development work.

Bosch in India
Bosch has been present in India since 1922. The company currently employs some 26,000 associates at 10 manufacturing sites and 7 research and development locations in the country. The leading global supplier of technology and services is well positioned in India. Its four business sectors Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology are all present in the country. In 2012, Bosch generated sales of 1.5 billion euros in India. Over the medium-to-long term, the company expects stable growth in the region.

Footage (download-links):
http://bit.ly/1lv8E6M: Scenes of typical Indian traffic in Bangalore, renowned Mekhri Circle underpass mural
http://bit.ly/1n6bM4B: Outdoor shots: Grounds, buildings, and the immediate environment of the Bosch software site in Bangalore
http://bit.ly/1djUBXL Robert Bosch Engineering and Business Solutions: Software development in Bangalore: Practical testing of multimedia and satellite navigation software on the test rig

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.

Additional information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

PI8431 - February 03, 2014

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