Bosch expands development centre in Bengaluru; invests Rs 350 Cr

By OEM Update Editorial October 26, 2016 4:53 am IST

Bosch, global supplier of technology and services, inaugurated the first phase of expansion of its development centre in Adugodi, Bengaluru.

The company started revamping its oldest facility in India into a technology and development centre in 2014. Since then, it has invested around Rs 350 crore. “Bosch sees immense growth potential in India. The inauguration underscores our commitment to the country,” said, Peter Tyroller, member of the board of management of the Bosch Group responsible for the region Asia Pacific, during the inauguration. The envisioned development of the facility will take place in several phases. “For the second phase of expansion, we will further invest in the coming years to develop Bosch Adugodi into a state-of-the-art R&D facility,” he commented further. In 2016, Bosch India plans to invest around Rs 1,170 crore.

Advertising

Your future advertising space? Our media data