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To meet the rising demand for its products and services, Bosch Group plans to invest an additional 17 billion rupees (€215 million) in its Indian ventures over the next three years. Most of the extra funding will go to Bosch's smart campus in Adugodi (pictured), and towards modernising its manufacturing plants.
The extra funding represents a significant acceleration of the automotive supplier's investments in India, which amounted to 3.7 billion rupees (€47 million) over the previous three years.
Rain York New Printed Grey Capelli Ladies Collegiate Mid Boots Combo Plaid Calf While Bosch believes the internal combustion engine will remain the mainstream solution for freight and commercial vehicles, Bosch India will focus on electrification projects, as an answer to urban mobility issues, such as air quality.
Also important for Bosch: connected mobility – a sector in which India has recently overtaken Germany to become the world's fourth-largest market. Another focus will be Artificial Intelligence. India is one of Bosch's three centres for AI, after the U.S. and Germany; a fourth is planned for China.
Bosch employs about 31,000 people in India, 18,000 of whom work in Research and Development.