Bosch Limited, the leading supplier of technology and services today officially broke ground for its new plant in Bidadi. The chief guest, Hon’ble Chief Minister of Karnataka, Shri. Siddaramaiah laid the foundation stone along with Dr. Steffen Berns, Managing Director, Bosch Limited. Also present on the occasion were. Shri D.K. Suresh, Member of Parliament, Bangalore Rural and Shri H.C. Balakrishna Member of the Legislative Assembly, Magadi.
Sharing his views on the occasion, Dr. Berns, Managing Director, Bosch Limited said “This move to relocate our existing manufacturing plant in Bangalore area from Adugodi to Bidadi underlines our commitment to India and especially to the state of Karnataka. We are extremely grateful to the Government of Karnataka for their support in facilitating this move. The developing industrial area in Bidadi will offer larger space and better infrastructure support for our future expansion. Though the current business situation is tough, this move will help us cater to the growing business needs of the Indian market in the long term.”
The company has acquired 97 acres of land in Bidadi for the construction of this new manufacturing facility and is investing over Rs 250 crores for the initial development of the facility.
The plant will be ready for commencement of production by the third quarter of 2015 with re-location of around 850 employees. New Bidadi facility will house the production of several components of Diesel Fuel Injection Systems.
About Bosch
The Bosch Group is a leading global supplier of technology and services. In 2012, its roughly 306,000 associates generated sales of 52.5 billion euros. Since the beginning of 2013, its operations have been divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some 4.8 billion euros for research and development in 2012, and applied for nearly 4,800 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.”
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Further information is available online at www.bosch.com
About Bosch in India
In India, Bosch is a leading supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology. Additionally, Bosch also has in India, the largest development centre, outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through six companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited, Robert Bosch Engineering and Business Solutions Limited, Bosch Automotive Electronics India Pvt Ltd, Bosch Electrical Drives India Pvt Ltd. In India, Bosch set up its manufacturing operation in 1953, which has grown over the years to include 10 manufacturing sites and 7 development and application centers Bosch Group in India employs over 26,000 associates. In India it generated consolidated revenue of nearly Rs.12,900 crores in 2012.
In India Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over Rs. 8400 crores in 2012.Additional information can be accessed at www.boschindia.com
Sharing his views on the occasion, Dr. Berns, Managing Director, Bosch Limited said “This move to relocate our existing manufacturing plant in Bangalore area from Adugodi to Bidadi underlines our commitment to India and especially to the state of Karnataka. We are extremely grateful to the Government of Karnataka for their support in facilitating this move. The developing industrial area in Bidadi will offer larger space and better infrastructure support for our future expansion. Though the current business situation is tough, this move will help us cater to the growing business needs of the Indian market in the long term.”
The company has acquired 97 acres of land in Bidadi for the construction of this new manufacturing facility and is investing over Rs 250 crores for the initial development of the facility.
The plant will be ready for commencement of production by the third quarter of 2015 with re-location of around 850 employees. New Bidadi facility will house the production of several components of Diesel Fuel Injection Systems.
About Bosch
The Bosch Group is a leading global supplier of technology and services. In 2012, its roughly 306,000 associates generated sales of 52.5 billion euros. Since the beginning of 2013, its operations have been divided into four business sectors: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 360 subsidiaries and regional companies in some 50 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent some 4.8 billion euros for research and development in 2012, and applied for nearly 4,800 patents worldwide. The Bosch Group’s products and services are designed to fascinate, and to improve the quality of life by providing solutions which are both innovative and beneficial. In this way, the company offers technology worldwide that is “Invented for life.”
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-two percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
Further information is available online at www.bosch.com
About Bosch in India
In India, Bosch is a leading supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology. Additionally, Bosch also has in India, the largest development centre, outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through six companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited, Robert Bosch Engineering and Business Solutions Limited, Bosch Automotive Electronics India Pvt Ltd, Bosch Electrical Drives India Pvt Ltd. In India, Bosch set up its manufacturing operation in 1953, which has grown over the years to include 10 manufacturing sites and 7 development and application centers Bosch Group in India employs over 26,000 associates. In India it generated consolidated revenue of nearly Rs.12,900 crores in 2012.
In India Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over Rs. 8400 crores in 2012.Additional information can be accessed at www.boschindia.com
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