Bosch has inaugurated the first phase of expansion of its development center in Adugodi, Bengaluru recently. The leading global supplier of technology and services started revamping its oldest facility in India into a technology and development center in 2014.

Since then, the company has invested around Rs 350 crore (around 47 million euros). "Bosch sees immense growth potential in India. The inauguration underscores our commitment to the country," said, Peter Tyroller, member of the board of management of the Bosch Group responsible for the region Asia Pacific, during the inauguration. The envisioned development of the facility will take place in several phases.

"For the second phase of expansion, we will further invest in the coming years to develop Bosch Adugodi into a state-of-the-art R&D facility," he commented further. In 2016, Bosch India will invest around INR 1,170 crores.

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