Bosch opens second facility in Coimbatore

Robert Bosch India Limited (RBIL), a subsidiary of the Bosch Group of Germany, inaugurated its development centre in Coimbatore today.

The company, a global major in automotive, industrial and building technology, has set up the development centre as part of its de-risking strategy.
The facility with a built up area of 10,857 sq metre is situated on the KG Information Systems Limited (KGISL) campus at Saravanampatti village near here.

Addressing a press conference, Friedhelm Pickhard, managing director, RBIL, said that the centre, which would focus mainly on automotive applications and industrial automation, would provide employment to around 2,500 people in a couple of years.

Speaking on the occasion, Dayanidhi Maran, union minister for IT and communications, said that the Indian software industry provided employment for around 13 crore people in 2005 – 06 as against a mere 2.84 lakh in 1999-2000.

India was likely to become a major R&D hub for most of the global IT companies such as Microsoft, Intel, and Cisco, among others, which were expanding their operations in the country.

Sourse:Business Standard

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: