Bosch to invest Rs 600 cr, relocate factories to Bidadi

Move follows state govts request to shift manufacturing to new, futuristic industrial belts to de-congest the locality

Image
Press Trust of India Bangalore
Last Updated : Jan 24 2013 | 1:49 AM IST

Leading supplier of technology and services Bosch today announced it would relocate manufacturing activities with related support functions of its city plant at Adugodi to Bidadi in two phases from 2012-13 to 2015-16.

The company has acquired 97 acres in Bidadi for construction of the new facility and would invest nearly Rs 600 crore for development of the facility in both phases, a company statement said.

Since Bosch has grown to full capacity and cannot accommodate further expansion, it has decided to shift to Bidadi to cater to rapidly growing business needs, the statement said.

Apart from a significantly larger area, relocation to the developing industrial area in Bidadi will result in availability of better infrastructure support and transport facilities, it said.

Bosch's move follows the state government request to shift manufacturing to new and futuristic industrial belts to de-congest the locality, the statement said.

Shifting in phase I involves plant construction from 2012 to 2013. Production would begin by the first quarter of 2014 with transfer of some 1,000 employees. Phase I will see production of Common Rail Pump, Common Rail and Glow plugs, it said.

Construction in Phase II would take place from 2015 to 2016, while production of Inline Pumps, Elements, Delivery Valves, Conventional and PF Pumps will begin by the first quarter of 2017.

Bosch will also assist shifting employees to new location in both phases with various forms of support in accordance with its policy and local laws, the statement said.

The existing Bosch premises at Adugodi will continue to house Bosch Headquarters in India. Besides, space available on account of relocation will be used for expansion of Bosch R&D Centre and Robert Bosch Engineering and Business Solutions (India) to create a state-of-the-art Technology and Engineering centre, the statement said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 08 2012 | 5:24 PM IST

Next Story