Bosch forecasts strong growth in India

The Bosch Group has said that it is forecasting strong growth over the next few years for India, the partner country of Hannover Messe 2015. The company expects to see positive development in the country over the medium and long term. As early as this year, India’s economy is expected to grow by six percent.

 “The new Indian government is systematically addressing key issues such as infrastructure, education, and reducing bureaucracy. We are confident that this will positively impact the country’s development,” said Dr. Steffen Berns, president of the Bosch Group in India. Bosch has been active in India since 1922 and continues to see a healthy business climate on the subcontinent.

“Especially in the areas of mobility, infrastructure, industry, energy, security, packaging, and healthcare, there are many opportunities for our products and solutions. The field of connected production also opens up possibilities for Bosch in India,” said Berns.

Bosch uses connected production in India

The new “Make in India” business initiative, aims to advance industrialization in the country and modernize production. “We believe that the use of intelligent and connected solutions in manufacturing will play an increasing role in India. Bosch is very well positioned for this,” said Berns. With regard to connected industry, Bosch is a leading global provider and exponent. The supplier of technologies and services offers a broad range of solutions such as drives, automation solutions, sensors, software, and predictive maintenance. In order to meet the standards required for connected production, Bosch is also cooperating closely with partners in Germany and abroad. One example is the company’s partnership with IT companies Tech Mahindra in India and Cisco in the United States. In conjunction with these two partners, Bosch is driving forward connectivity in industrial tools as part of the Industrial Internet Consortium.