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Bosch expands its development activities in India

Investments of 50 million euros in research and test labs

  • Further expansion planned: Bosch investing some 100 million euros in India in 2016
  • Oldest location in India is set to become a high-tech development center
  • More than 14,000 engineers: India is a development hub for Bosch
Bosch Indien Adugodi Opening 2016

The Bosch Group is strengthening its presence in the Indian growth market. “In 2016, we are planning to invest more than 100 million euros 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 center.

In the presence of prominent guests from politics and business, today 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.

About Bosch

The Bosch Group is a leading global supplier of technology and services. It employs roughly 410,000 associates worldwide (as of December 31, 2018). The company generated sales of 78.5 billion euros in 2018. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT company, Bosch offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. 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 Bosch Group comprises Robert Bosch GmbH and its roughly 460 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. The basis for the company’s future growth is its innovative strength. At nearly 130 locations across the globe, Bosch employs some 68,700 associates in research and development.

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 upfront 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, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPresse.

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