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Bosch India announces new investment following Narendra Modi and Angela Merkel visit

Angela Merkel Narendra Modi Bosch India 2015

The Bengaluru based auto component major, Bosch India, has announced increased investment in India as part of ‘Make in India’ initiative.

Bosch India has committed a further investment of INR 650 crores to augment its presence in India which will also directly result in development of local engineering talent pool.

Following recent visit of German Chancellor Angela Merkel and Prime Minister Narendra Modi to the Bosch Bengaluru facility, an MOU was signed to enhance ties between the two countries. The two leaders visited Bosch Innovation Center, Vocational Training Center and inquired about company’s research, engineering and vocational educational activities conducted in the country.

Peter Tyroller, member of Bosch board of management for Asia Pacific, stated that smart manufacturing will be a part of Bosch India’s initiative at all its 14 plants in the country by 2018.

Angela Merkel Narendra Modi Bosch India 2015

Bosch India’s new investment will emphasis on smart manufacturing concept.

Bosch’s recent investments in India include a new manufacturing facility at Bidadi on the outskirts of Bengaluru spread over an area of 38,000 sq meters. This plant is being constructed in two phases with completion planned for 2018.

Also read – Bosch India opens its 14th manufacturing facility

Bosch India will shift its diesel products to this new plant from the Adugodi plant. Around 2,600 persons will be employed at the new facility. The company has invested INR 340 crores in this new facility which is slated to go up to INR 600 crores once second phase gets underway.


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About the author

Pearl Daniels

Pearl Daniels

Former freelance writer, Pearl Daniels is in the auto industry since 2011, having established herself as a widely read staff writer since 2013. Her keen eye for industry news, daily need to break down latest events, and quest to not miss a single launch detail, gives you the most refreshing morning news on weekdays.

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