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German auto parts maker Bosch Automotive Group on Monday said

it plans to invest Rs. 1,200 crore in India during 2014.

“In 2014, the Bosch group plans to invest some Rs 1,200 crore in

the country,” Member of the Bosch board of management

responsible for Asia Pacific Peter Tyroller told reporters.

He said, “Much of this sum will go into building new facilities as

well as augmenting existing ones such as the Adugodi site here,

which will be expanded to become an important R&D hub.”

“A portion of this capital expenditure in 2014 will also be directed

towards capacity expansion at Bosch Automotive Electronics India,

to enable an increase in the production of electronic control

units,” he added.

Announcing the inauguration of a new software research and

technology centre here, Tyroller said “India is currently home to

our largest software engineering centre outside Germany, and at

this new facility some of the top technical talent in the country

will work in close collaboration with the academic community.”

“The primary research focus of this new centre will be system and

software engineering, computer vision and image processing, and

the multimedia of new business opportunities offered by Internet

of things and services,” he stated.

Stating that Bosch believes as early as 2015, more than 6 billion

things will be connected to Internet and capable of sharing real-

time information with one another, he said, “This includes

everything from vehicles and smart phones to containers and

machines.”

“By enabling the smart networking of devices and systems,

entirely new services will emerge that will transform people’s

everyday lives,” he added.