Bosch is planning to invest Rs 1,700 crore in India over the next three years to meet growing demand in the domestic automotive market. The company will also raise investments in electric vehicles, self-driving technologies, diesel engines and artificial intelligence.
The company is planning to spend further Rs 600 crore to face-lift its manufacturing facilities in Bangalore, to focus more on unconventional technologies such as Internet of Things (IoT).
Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.
