KTR inaugurates Bosch Global Software Technologies facility in Hyderabad
The 1.5 lakh sq ft facility will accommodate 3,000 employees and the company currently has about 1,400 employees.
Hyderabad: One more international firm has chosen Hyderabad for a major investment, with Bosch Global Software Technologies on Wednesday opening a facility here.
IT and Industries Minister KT Rama Rao inaugurated the Bosch facility, which will be spread over 1.5 lakh square feet, and will accommodate 3,000 employees. The company currently has about 1,400 employees. It will focus on artificial intelligence, e-mobility, internet of things, safety and other aspects.
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Speaking at the inaugural ceremony, the Minister said Telangana was setting up Mobility Valley in the State and would have multiple stakeholders like EV manufacturers, battery makers, recyclers and others in the ecosystem. It will have designated zones for engineering, battery testing, manufacturing, innovation and talent. As part of its efforts to give a push to electric vehicles, Hyderabad would host its first ever Formula E race in the second week of February next year, he said, adding that the State had also drawn up plans to host EV Week and EV Summit in Hyderabad to bring EV stakeholders together.
Seeing the proactive policies of Telangana, noted battery maker Amara Raja Batteries had committed to invest about about Rs 9,500 crore in Mahabubnagar in the State, the Minister said, pointing out that many multinational companies make conservative plans with recruitment numbers. However, they recruit more due to the conducive business atmosphere and availability of manpower here. Bosch was also planning to set up a Centre of Excellence together with BITS. TS was in advanced discussions in this regard. This would foster design thinking, he said.
Telangana had attracted many investments in the past eight years and players like ZF, Fisker, Stellantis, Hyundai, Uber, Qualcomm, Amazon, Apple and others have set up large operations in Hyderabad. Many large companies also have their second largest campuses in Hyderabad. Home grown companies like Mahindra, Mytrah, RaceEnergy and others were present in Hyderabad. Novartis moved to Hyderabad about a decade ago with about 400 employees and has now grown to 9,000 employees.
IT exports from Telangana were Rs 57,000 crore when the State came into being and the same had now crossed Rs.1.83 lakh crore. The State last year created one job in every three IT jobs created across the country as Telangana created 1,50,000 jobs out of the 4,50,000 jobs created across the country, Rama Rao said.
The new campus in Hyderabad to aimed to strenghten software centric innovation, said Kiran Sundara Raman, Vice President, Centre Head – Hyderabad, Bosch Global Software Technologies.
“With strong focus on Research & Development, BGSW has a strong global footprint and wants to leverage the world class talent market of Hyderabad and Telangana for engineering and digital business to build a strong global delivery network. Our local presence in Hyderabad will help us in strengthening our relationship with existing and new customers in the region, ” he said.
BGSW has two facilities already operational with about 1,500 associates in Hyderabad. It will consolidate the operations by moving into the new facility, and plan to build the workforce talent in automotive engineering and digital enterprise, he said.
