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Bosch India celebrates its 100th anniversary

Bosch India celebrates its 100th anniversary
  • Bosch India opened its first sales agency in Kolkata in 1922. From these beginnings, it now encompasses 18 manufacturing sites and 7 development and application centers, employing close to 31,500 associates.
  • “Bosch India has brought together the best of German engineering and Indian entrepreneurship to develop innovative products across all segments,” Dr. Stefan Hartung, chairman of the board of management
  • Bosch to invest more than INR 1000 Cr. in localization of advanced automotive technologies over the next five years
  • Bosch to provide its mobility related assets under one platform: Mobility Marketplace
  • Bosch wants to help improve the employability of young people in India through active partnerships with Industrial Training Institutes (ITIs) and Government interventions.
Uday Philip

Uday Philip

X

Bengaluru, India – Bosch is a leading supplier of technology and services in the areas of mobility solutions, industrial technology, consumer goods, and energy and building technology. With its state-of-the-art customized products and solutions, it has been at the forefront of the transformation in India’s mobility and ‘beyond-mobility’ landscape. From helping to mechanize Indian agriculture in the wake of independence to nurturing the development of the nation’s tech industry, be it the green revolution, the software revolution, liberalization, or the mobility revolution, Bosch India has unceasingly played a role in the country’s progress.

“Bosch India has brought together the best of German engineering and Indian entrepreneurship to develop innovative products across all segments,” says Dr. Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. “I wholeheartedly congratulate the management and associates of Bosch India on reaching this milestone without compromising on performance and consumer trust.”

“Bosch’s 100-year journey in India is a testament to the passion, hard work, and dedication of our associates. I sincerely thank our associates for the part they have played in this,” says Mr. Soumitra Bhattacharya, the managing director of Bosch Limited and president of the Bosch Group in India. “Bosch India will remain true to its roots and evolve, innovate, and spark the next wave of big-ticket products and services. We will continue to pursue this vision for a digital, sustainable, efficient, self-reliant, and future-ready India.” he further added.

Bosch India opened its first sales agency in Kolkata in 1922. From these beginnings, it now encompasses 18 manufacturing sites and 7 development and application centers, employing close to 31,500 associates. Its century-long journey, rooted in a legacy of excellence, has always been about moving into new business areas. Over the next five years, Bosch India will invest more than INR 1000 Cr. in the localization of advanced automotive technologies, and in this way support Atmanirbhar Bharat, the vision of making India self-reliant.

Shaping mobility in India

Bosch has always focused on technologies for a mobility experience that is economical and sustainable, safe and secure, convenient and exciting in the future. This will be accomplished via new platforms to meet changing requirements of legislations and user experience. Bosch is taking further strategic steps towards a leading position in the software-dominated future of mobility by combining its‘ automotive know-how, wide-ranging electronics and software expertise. In mobility hardware and software development, BGSW is the largest R&D center outside Germany with 20,000+ engineers.

Bosch is the market leader in the Powertrain business. We are convinced of a technology neutral approach with regards to powertrain, be it Gasoline, Diesel or Electrification. Considering the ever changing needs of mobility Bosch provides more than one powertrain technology to make mobility more sustainable.

We are the global leader in electric powertrain solutions. Bosch estimates that by 2030, every third new vehicle in India will be an EV. At the same time, dependent on use case / customer strategy, the Internal Combustion Engine (ICE) could also be electrified with mild and strong hybrids. The ICE remains an important part of the powertrain mix especially in commercial vehicles and off highway segments.

Bosch supports govt vision to reduce road accidents by over 50 percent by 2025. Bosch’s expertise in assisted & automated mobility ranges across Passenger & Commercial Vehicle Driver Assistance with India specific object identification technology, motorcycle safety and rider assistance, and Braking and Occupant safety (4W and 2W). Bosch India has invested INR 380 crores over the last 10 years and an additional INR 238 crores is planned over the next 5 years in safety domain.

Going strong in all four business sectors

As an AIoT company, Bosch India is leveraging AI, IoT, automation, and digitalization to develop smart, secure, efficient, and sustainable smart products of the future. Sales of connected power tools, household appliances, and heating systems alone have grown by 50 percent within one year – from four million units in 2020 to more than six million in 2021 globally. With the Bosch Center for Artificial Intelligence (BCAI), the company has established a strong unit in the field of AI that has already contributed some 300 million euros to result.

Bosch will continue to invest heavily in India to expand its portfolio close to 7 percent of total net sales. Backed by the biggest R&D team outside Germany – Bosch’s Beyond Mobility business works to the highest international standards of manufacturing, product, and service quality to formulate indigenous, affordable, and India-specific innovations.

Bosch remains committed to improving quality of life through advanced technology. Having aided the construction of “modern India” over the past 26 years, Bosch Power Tools aims to increase its localization share by more than 10 percent by 2025. And BSH Home Appliances recently expanded its production capacity at its Chennai factory for manufacturing refrigerators towards an ambition to achieve up to 75 percent of localization by 2025.

Bosch Rexroth continues to offer smart, innovative, and energy-efficient products and solutions with a seamless digital experience across touch points. It is at the forefront of transforming the factory of the future through IoT products, smart automation capability and connected manufacturing setup.

Bosch Automotive Aftermarket is the largest multi brand car service center in India (expansion to 1000 locations by 2025); largest chain for unit repair (diesel and electrical service centers to grow to 2000 outlets by 2025) and has developed a state-of-the-art digital ecosystem for workshops that would give data insights on workshop operations, digitally diagnose and repair, and order spares via ecommerce.

Bosch Building Technologies in India is additionally making buildings intelligent, secure, energy efficient and future-ready while consolidating its localization program to achieve close to 40 percent of local content by 2030.

Mobility Marketplace — a one-stop online platform for all mobility solutions

Bosch is well prepared to make a leap through a digital marketplace which aims to be the one stop shop for all mobility related assets - Mobility Marketplace. As an innovation plus transactional platform, it focuses on improving utilization and efficiency elements across the ecosystem. It is a neutral platform with digital assets focused on mobility solutions powered by Bosch expertise in mobility domain. Not only does the marketplace provide significant value for buyers by offering curated and secured content, but it also enables the sellers to realize additional revenue channels through new business models. The platform aims to expand the portfolio of digital assets from APIs to Data to end-to-end solutions, services and hardware covering a wide range of services in an automotive lifecycle such as Road/ Weather data, Telematics, Navigation, point-of-interest services (Parking, EV infra etc.).

Bosch aims to bring more diversity for its digital savvy buyer segments (OEMs, Fleet Management providers, Smart cities, Logistics service providers to name a few) by offering ready to use complimenting solutions.

Mobility Cloud Platform – Simplifying your cloud transformation

The evolution of a Digital era comes with technical and operational challenges – from choosing the most appropriate technology stacks to adapting to ever changing regulatory requirements. With the objective of addressing these challenges faced in Digital Product Innovation in the Mobility domain, Bosch is has created the Mobility Cloud Platform (MCP) – a launchpad and ecosystem for developing, implementing and scaling IoT enabled digital products for advanced connected mobility solutions. The Mobility Cloud Platform helps our customers to focus on their core product features, optimizing their lifetime product costs by upto 25 percent and improving the Time to Market by upto 3 times. With complete flexibility and no lock-in, Bosch has developed the Mobility Cloud Platform to help new-age mobility startups, SMEs and corporates alike to scale their business.

Fit for the future through sustainable initiatives

Since 2020, the Bosch Group with its more than 400 locations worldwide has been carbon neutral. But that's not all: Bosch wants to shape climate action and also systematically reduce upstream and downstream emissions, which it aims to reduce by 15 percent by 2030. Bosch will embark on the next one hundred years in India by making a swift transition to Industry 4.0 and focusing on increasing its local capabilities. As a part of the company’s future strategy, improving lives of young people and supporting the Atmanirbhar Bharat initiative, Bosch wants to increase the employability of young people in India by 2030 through active partnerships with Industrial Training Institutes (ITIs) and Government interventions.

Contact person for press inquiries:

Mr. Uday Philip
Phone: +91 9972975291
Uday.Philip@in.bosch.com

About Bosch in India

In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through fifteen companies, viz, Bosch Limited, Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Robert Bosch Engineering and Business Solutions Private Limited, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited, Mivin Engg. Technologies Private Limited, Robert Bosch India Manufacturing and Technology Private Limited, PreBo Automotive Private Limited and Precision Seals. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. Bosch Group in India employs over 31,530 associates and generated consolidated revenue of about ₨.17,354 crores* (2.05 billion euros) in 2020 of which ₨. 10,942 crores* (1.29 billion euros) from third party. The Bosch Group in India has close to 15,650 research and development associates.

In India, Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over ₨. 8,386 crores (0.99 billion euros) in 2020. Additional information can be accessed at www.bosch.in

The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.

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-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. 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.

Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, https://twitter.com/BoschPress

The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide (as of December 31, 2015). According to preliminary figures, the company generated sales of more than 70 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 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. In 2015, Bosch applied for some 5,400 patents worldwide. The Bosch Group’s strategic objective is to deliver innovations for a connected life. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.”

Further information is available online at www.bosch.com and www.bosch-press.com, http://twitter.com/BoschPresse.

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