Bosch, a technology and services company, announced that it would invest an additional 2,000 crore in India over the next five years, on top of the 8,000 crore it had previously invested in the nation over the previous decade.
The business plans to invest Rs 1,000 crore in the localization of innovative automotive technology, as well as an equal amount in digital platforms such as Mobility Marketplace and Mobility Cloud Platform, according to the statement.
“We will continue our contribution by investing over ₹1,000 crore for the localisation of advanced automotive technologies in the next five years,” said Soumitra Bhattacharya, MD, Bosch Ltd. and president, Bosch Group in India.
