Robert Bosch India expands in Coimbatore
Robert Bosch India leases 21.88 acres of land in the Special Economic Zone (SEZ) at Saravanampatti
August 9, 2007: COIMBATORE - Robert Bosch India further intensifies its focus in Coimbatore by signing an Agreement with Coimbatore Hitech Infrastructure Private Limited (CHIL) for about 21.88 acres of land, thus making it among the first Special Economic Zone (SEZ) unit in Coimbatore. CHIL is part of the KG Group.
Robert Bosch India plans to set up its own infrastructure on this land to realise the growing opportunities in the IT and ITES space. Construction will start in the last quarter of 2007 and the first phase is targeted to be inaugurated by early 2009. With this, Robert Bosch India has deepened its relationship with Coimbatore which was started in May 2006 when the companies’ second Development Center was inaugurated at Saravanampatti. While the strength of Robert Bosch India at Coimbatore has grown to more than 480 associates, this new infrastructure will pave way to meet growing demand from 2009 onwards. The new infrastructure will provide employment opportunities to the people in the region and opportunity to work on the innovative technologies of Bosch in the areas of Software and Hardware Development, Mechanical Engineering and Business Services-Technologies based on which Bosch applied for more than 3000 patents in 2006.
Bosch India is also among the first approved SEZ unit for IT & ITES in Coimbatore and is committed in making the SEZ infrastructure a successful one in the industry. Coimbatore will also grow as an important development location in the Bosch World.
Friedhelm Pickhard, Managing Director of Robert Bosch India Limited, reiterated his commitment to Coimbatore: “The rich talent available in the region of Coimbatore is the sound basis on which our company will grow in Coimbatore. We appreciate that KG Information Systems Pvt. Ltd. (KGISL) have been key in the success of Bosch India at Coimbatore.” Bosch associates at Coimbatore will be working on advanced technologies designing new Electronic Control Unit (ECU) for Diesel and Gasoline engines, and other automotive applications such as portable navigation systems, semi autonomous parking systems, adaptive cruise control, and AUTOSAR, the new upcoming automotive software architecture.
About the Bosch Group
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 260,000 associates generated sales of 43.7 billion euros in fiscal 2006. The Bosch Group comprises Robert Bosch GmbH and its roughly 300 subsidiary and regional companies in over 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spends more than three billion euros each year for research and development, and in 2006 applied for over 3,000 patents worldwide. 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 up-front 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.
Additional information can be accessed at www.bosch.com
About Robert Bosch India Limited
Robert Bosch India Limited is a 100% owned subsidiary of Robert Bosch GmbH, with over 4000 associates. We provide engineering, IT and business services for automotive, industrial, consumer goods and building technology. We also provide other services such as Process Consulting, Mechanical and Electronic Engineering, VLSI Services, Shared Services Accounting, Translation, Documentation and E-Learning. We are ISO 9001:2000 certified and appraised at CMMI Level 5. We have three development locations in Bangalore and Coimbatore.
Additional information can be accessed at www.boschindia.com