Robert Bosch Engineering and Business Solutions Ltd, the IT subsidiary of global automotive component maker Robert Bosch, is allocating over Rs 250 crore to expand its operations in Coimbatore, sources have said.
The company will induct 4,500 people into its operations at the Coimbatore Hi-Tech Infrastructure Private Ltd (CHIL) IT SEZ in Saravanampatti near Coimbatore. The IT subsidiary currently employs over 4,000 people at centres in Bangalore and Coimbatore.
Robert Bosch Engineering and Business Solutions was likely to shift many of its internal contracts for European automotive majors to Coimbatore, with a bulk of the recruitment for the expanded facility likely to be done locally, sources said.
So far, the first of four proposed buildings for Bosch at the CHIL SEZ has been completed. The rest are expected to be operational by the end of this year.
Source: BS
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