November 16, 2016
Leading tech giant Robert Bosch Engineering and Business Solutions (RBEI) has started to look beyond automotive technology and is set to focus on the thriving connecting technology.
Talking at the signing of a MoU with the Kumaruguru College of Technology (KCT), TV Sriram, vice president and centre head of Robert Bosch India said that the company, which gets an annual turnover of about 60 to 70 per cent in automotive technology, was working on plans in adopting the connecting technology, which is more advanced.
“Technology is pooling from all parts of the globe and competition is high in the market. Technology as we know is changing and keeps improving and it becomes imperative for companies like the Bosch to move on to the next level,” he added.
He further added that the company that had been thriving on automotive technology was contributing to 35 to 40 per cent of the total market share.
Inviting engineering students to get a foothold in the technology driven market, Sriram also added that students should by all means try and adopt new technologies and keep themselves updated.
Shankar Vanavarayar, correspondent at KCT, in his address opined that students should have the ability to make use of technology by creating solutions to prevailing problems.
Earlier in the day, Bosch Centre for Automotive Electronics was inaugurated at the campus in collaboration with Infineon Technologies, a semiconductor manufacturing company.