Global technology supplier Bosch inaugurated its expanded smart factory for mobility solutions in Bidadi, Bengaluru. Built with an investment of 31 million euros, the plant features latest Industry 4.0 solutions and carbon-neutral technology.
“Bosch is taking a further step towards more efficient, more flexible, and sustainable manufacturing in India in order to boost competitiveness and meet rising demand in the local market,” said Volkmar Denner, chairman of the board of management of Robert Bosch GmbH.
“The new Bidadi plant will further boost India’s strong role in the Bosch Group’s global network.”
The company has invested in the new facility.
As per the company, the expanded Bidadi plant will accommodate almost 2,500 associates by the end of 2019. As per the company, the Bidadi plant will act as a local hub for development of Bosch powertrain solutions and manufacture of automotive products such as common rail single-cylinder pumps and high-pressure rails.
“It is important for Bosch to leverage our expertise in manufacturing operations and combine it with technology and digitalization to build lean manufacturing facilities,” said Soumitra Bhattacharya, MD and president of the Bosch Group in India.
The Phase II has witnessed the shift of around 2,000 people, as well as 760 units of machinery and equipment.
At present, Indian subsidiary Bosch Limited ended its 2018−19 fiscal year with total revenue from operations of Rs 12,258 crores (1.49 billion euros), a year-on-year increase of 4.9% year.
Bhattacharya said, “India’s mobility sector is transforming rapidly, and is expected to grow significantly in the coming years. The Indian automotive components industry is set to become the third largest in the world by 2025.”
