03 February 2014

Bosch to Invest €160 Million in India, Opens Research Center in Bangalore

Stuttgart/Bangalore – 03 February 2014 - The Bosch Group intends to invest some 160 million euros to further expand its business in India. 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 and technology center (RTC) in Bangalore, which will focus on the development of connected technologies for the internet of things and services.

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.

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 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. In 2012, Bosch generated sales of 1.5 billion euros in India. 

The Bosch Group is a leading global supplier of technology and services. According to preliminary figures, its roughly 281,000 associates generated sales of 46.4 billion euros in 2013. Its operations are divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its more than 360 subsidiaries and regional companies in some 50 countries. 

Source: Bosch Group