Financial Daily from THE HINDU group of publications
Friday, May 05, 2006

Cross Currency

Group Sites

Corporate - New Projects
States - Tamil Nadu

Robert Bosch picks Coimbatore

Our Bureau

Drawn to city's talent pool; second centre for risk mitigation

BOSCHSPEAK: Dr Walter Grote, Managing Director, Robert Bosch India Ltd, addressing a press conference in Coimbatore on Thursday. — K. Ananthan

Coimbatore , May 4

Impressed with the talent pool available in Coimbatore and as part of its `risk mitigation' strategy, Robert Bosch India Ltd (RBIL) has decided to open a centre in the city.

The centre, which is expected to start operations from July 1 in a rented premises on the city's outskirts, would initially have capacity of 125 associates and this would be ramped up to about 900 within a year, according to Dr Walter Grote, Managing Director, RBIL, Bangalore — a wholly-owned subsidiary of Robert Bosch GmbH of Germany.

Speaking to presspersons in Coimbatore on Thursday, Dr Grote said RBIL provided engineering and non-engineering services to the Bosch group such as Electronic Control Unit Development for automotive, industrial, consumer goods and building technology. It was also involved in IT services, process consulting, mechanical engineering, shared services accounting and translation/documentation. It has four units in Bangalore, which is the company's largest development centre outside Germany with an employee strength of more than 3,000.

Dr Arup Ray, Divisional Manager, said that the company wants the Coimbatore centre to focus on industrial automation as the city is a good base for industrial systems. It would also work on mechanical engineering and design, and the services sector, followed by software development.

On R&D investment Mr R. Aravind, Divisional Manager, said the company had invested Rs 100 crore, with Rs 40 crore invested last year. During January-December 2005 RBIL's turnover was Rs 390 crore.

Talented pool

Replying to a question, he said that the infrastructure problems in Bangalore were "well known and they are limiting us somehow in growth".

It chose Coimbatore for its talented pool of engineers, he said.

The company also wanted to evolve a `risk mitigation strategy' as it planned to have 6,000 employees by 2010 to deliver software and engineering and non-engineering services to the Bosch group, and for this it needed a second location.

He expected the Coimbatore centre to contribute significantly to RBIL's turnover and said its headcount was likely to touch 2,500 by 2010.

The Coimbatore centre, like the Bangalore centre, would cater to Indian, Chinese and Brazilian markets, he said.

More Stories on : New Projects | Tamil Nadu | Electronics

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
RNRL defends gas supply pact with RIL

Riga Sugar in talks with McDowell
Greenply Uttaranchal unit starts production
Euphoria over cholesterol drug Zocor misplaced, say analysts
Orchid to raise Rs 900 cr
Ministry for one-third independent directors on PSU oil company boards
Tata Motors adjudged `forerunner'
ISMT net up 250 pc
Godrej joins other FMCG majors in shopping for cos abroad
Siemens buys 50% stake in Flender
Robert Bosch picks Coimbatore
AstralPool gets active in Chennai
`Progress of biodiesel plant in Nalgonda encouraging'
Surya Roshni to set up CFL manufacturing plant
Vipul-Laing O'Rourke venture eyes remote facilities management
Addl charge for LG's K.R. Kim
New Managing Director at MRPL
Captive power units spell money for big corporates

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line