Bosch to invest Rs1,700 crore in India over next 3 years

New Delhi: German company Bosch Group has planned to invest Rs 1,700 crore (US$ 249.69 million) in India over the coming three years to meet the demand in India's domestic auto market. It will also invest in electric vehicles, automated driving, diesel engines, artificial intelligence and revamping of its Bangalore factory. Bosch is looking at the electric vehicle technologies as the future growth area in the country, given sufficient time. The company generated € 2 billion in total sales in India in 2017.

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