Bosch will invest Rs 1,200 crore to expand and strengthen its operations in India. The fresh investments will go into capacity expansion across Bosch companies in the country. Apart from increasing production lines, the company will also set up a research and development (R&D) centre.
The existing manufacturing facility in Bengaluru will be converted into an R&D hub. The new R&D centre will focus on system and software engineering and the multitude of things offered by the internet of things and services. Internet of things connects physical objects via the web and can identify themselves to other devices.