Bosch India will hire up to 10,000 engineers to work on AI and IoT

German electricals manufacturer Bosch has announced it plans to hire up to 10,000 engineers in India.

The new staff will be needed to work on research and development on new technology including AI and IoT.

See also:

Business Chief: Asia edition – February issue out now!

Baidu sees AI investment pay off

Chinese investment in AI similar to internet revolution

Bosch will invest between $77mn and $124mn in Bosch India over the next few years for research and development. The money will be used both to expand the company’s local operations and develop products for wider global distribution.

Bosch Group India’s president Soumitra Bhattacharya spoke to the Economic Times and explained: “We spend a lot mof money on IoT, especially to provide mobility solutions, and we see a strong future in this area.”

He said the company will focus on making cars more connected since people spend a lot of time in their automobiles, after the time they spend at home or work.

India is home to Bosch’s second largest research and development facility, which is based in Bengaluru and even now already has 18,000 engineers in employment.

 

Share

Featured Articles

Top 10 female executives leading Japan's charge for change

As Japan pledges a 30% target for women executives at big firms by 2030, we spotlight 10 female corporate leaders blazing a trail in the country

Top 10 most valuable unicorns in China – phones to drones

Home to the world’s most valuable unicorn, not to mention the fastest growing, China may be trailing the US on numbers, but it is catching up – and fast

Top 10 fastest-growing energy companies in the APAC region

Business Chief takes a look at the top 10 fastest-growing energy companies in the APAC region, according to rankings from S&P Global Commodity Insights

Top 10 Chief Financial Officers in India

Corporate Finance

Top 10 largest companies Malaysia and the CEOs who helm them

Leadership & Strategy

5 high-profile CEO moves across Asia-Pacific this month

Leadership & Strategy