Bosch India’s Security Technology business unit has expanded its product portfolio to offer tailored solutions to its local customers. Aiming to increase the share of its localized portfolio, the business unit has increased its R&D investment by around 30 percent. “The Indian security market has matured greatly from what it was a decade ago. There has been a surge in the need for improved security solutions. This coupled with the intention to become smart is an entry point for technology forward companies like Bosch to take advantage of,” Sudhir Tiku, Head – South Asia, Bosch Security Systems said in a statement.
“A major achievement in reaching some of the goals associated with the ‘Make in India’ campaign has been the business division’s entry into the SAARC region last year with products that have been made in India. With this entry, expectations of growth are even higher. It is the vision of the business unit to achieve complete self-reliance through such quality offerings,” Tiku added. On the business unit’s growth potential, Tiku elaborated that Bosch Security Technology has immense growth potential and the company is trying to meet the demands of various segments, such as transportation, energy and infrastructure.
Further, “The business unit has had remarkable success especially with its conferencing- cum-voting system. Bosch’s systems have been installed in major assemblies of India and the SAARC region,” Tiku said. “We are preparing to provide Safety, Security and Communication solutions that are in line with India’s Smart City initiatives. We are collaborating with partners who have been present in this eco-system for long,” Tiku concluded.