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Bosch to invest Rs900 crore in India in FY 2017-18

By Niranjan Mudholkar,

Added 19 June 2017

Approximately 15 percent to be invested in local R&D activities; Also to set up an artificial intelligence centre

bosch

Bosch India is driving the transition to the internet of things (IoT) era by drawing on its innovations and over a century’s legacy. With technological supremacy being built on the foundation of connectivity, Bosch has been developing local solutions that specifically cater to the needs of the Indian customer.

“The journey towards ‘connected’ began years ago at Bosch India. We have been investing in the region consistently and for the financial year 2017-18 we will invest over Rs900 crore,” mentioned, Soumitra Bhattacharya, President, Bosch Group India, and MD, Bosch Limited.

Elaborating on the need to invest today in future technologies, he further commented, “Roughly 15 percent of our yearly investment is directed towards R&D activities. The region accounts for over 30 percent of the Group’s R&D engineer pool, making Bosch India the largest centre outside Germany with 18,500 engineers.”

Bosch creates cutting-edge services to gather intelligence and deliver meaningful insights. Speaking in this regard, Vijay Ratnaparkhe, MD & President, Robert Bosch Engineering and Business Solutions, announced the launch of a locally developed Micro Climate Monitoring System (MCMS) in New Delhi.

“Climate risk is pertinent irrespective of where you are located. When mostly all aspects of daily life are connected and compatible, it only makes sense to have an accurate indicator of environmental quality levels to devise the best living and working conditions,” said Ratnaparkhe.

(Continued on the next page)

 

 

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