Prime Minister Narendra Modi and the German Federal Chancellor, Angela Merkel, visited the facilities of Bosch in Bengaluru on October 6.
The visit is part of the Chancellor’s three-day state visit to India, which focuses on innovation and skills development.
Bosch showcased its achievements in research, engineering, and vocational education activities in India.
“Our commitment to developing talent and the competence of our local engineers are part of our success story in India,” said Peter Tyroller, member of the Bosch board of management responsible for Asia-Pacific.
He emphasised the significant contribution that Indian engineers have made to Bosch’s success story in India, as well as to their current importance for the company’s worldwide activities in many strategic areas such as data mining and smart manufacturing.
“India is a key location in our global innovation network. To further strengthen our presence in the country, we plan to invest ₹650 crore (over €100 million) in 2015,” Tyroller added.
Over the medium and long-term, the company expects to see positive development in India. “The Indian Government is systematically addressing key issues. We are confident that this will positively impact the country’s development,” said Steffen Berns, President of the Bosch Group in India.
“Especially in areas such as mobility, infrastructure, industry, energy and security, there are many opportunities for our products and solutions. The field of smart manufacturing also opens up possibilities for Bosch in India,” Berns said.
Other high-level delegates include the Governor of Karnataka, Vajubhai Rudabhai Vala, the Karnataka Chief Minister, Siddaramaiah, the Union Minister for Chemicals and Fertilisers, Ananth Kumar, and the Union Minister for Law and Justice, D V Sadananda Gowda.