Bosch, a German Software Company opens a new facility in Hyderabad. The firm is hiring robustly and will employ above 3000 people.
The step has been taken to boost the company’s market share in the Automotive Engineering Sector. The new facility is about 1.5 Lakh Square Feet which would help Bosch to consolidate its operations in Hyderabad.
Bosch has been present in India since 1951, and its R&D and manufacturing setup has grown exponentially since then. The company encompasses Indian Automotive, Home Appliances, and Electrical markets. In a recent development, Bosch is all set to start its new collaboration in Hyderabad.
In Hyderabad, Bosch targets to pioneer Automotive Engineering Domain
Bosch is a market champion in Artificial Intelligence Solutions. The company foresaw a wide array of scopes in Hyderabad. Opens facility and starts hiring process. Information Technology minister KT Kama Rao inaugurated this facility. Minister Rao stated that the facility will employ 3000 people.
- Key highlights:
- Bosch opens a new facility in Hyderabad.
- Bosch targets to pioneer Automotive Engineering Domain.
- Minister Rao stated that the facility will employ 3000 people.
- The company has chosen Hyderabad as it is a strategic location where research and development can be flourished well.
- Bosch already has 2 operational facilities with a professional workforce count but this new facility is a large 1.5 Lakh Square Feet facility
- Bosch excels in Indian Automotive, Home Appliances, and Electrical markets.
- Bosch is a market champion in Artificial Intelligence Solutions.
Hyderabad as the new Tech Hub
In recent years, due to the saturation of Bengaluru, Hyderabad has become a new tech hub. Hyderabad is a top-tier IT center offering a new zone of opportunities.
The company has chosen Hyderabad as it is a strategic location where research and development can be flourished well. Bosch already has 2 operational facilities with a professional workforce count but this new facility is a large 1.5 Lakh Square Feet facility having the opportunity for consolidation of all operations.
Telangana is also spearheading new mobility nuclei having manufacturing, engineering, innovation, talent, and experience zone. Telangana concentrates largely on mobility and the automotive industry and the government soon plans to launch an EV summit and EV fair as a part of the Telangana Valley Initiative.
Bosch may soon make a formal announcement on the new facility, and its future areas of focus. Bosch also targets to dominate the automotive cyber security industry and the firm plans to acquire innovative thinking among engineers.
