German technology giant Bosch group is going to invest Rs 800 crore to upgrade its existing campus in Bengaluru to a fully artificial intelligence of things (AIoT)-enabled 'smart campus', reports The Economic Times.
The 75-acre campus is expected to be inaugurated in June 2022, when the group completes 100 years of presence in India.
It will be the base of the group's various companies in India, including the home appliances, power tools, powertrains and automotive aftermarket divisions. Once completed, it could host around 10,000 software engineers.
"In our smart campus in Adugodi, which has 75 acres which we are going to inaugurate in 2022, we are investing more than Rs 800 crore to make it one of the smartest campuses. This is going to be one of the largest tech centres that we have in the world and likely to be the largest outside Europe," said Soumitra Bhattacharya, managing director of Bosch Ltd.
"In the heart of the city of Bengaluru, housing one of the largest Bosch campuses in the world, this will be a testimony of our living as an AIoT company," he said.
"This is going to house, very likely, the second-highest number of Bosch employees in the world. Already we house more than 3,000 software engineers, which will go up to a lot more, maybe towards 10,000 by the time we finish all the building," he added.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.