Bosch Ltd has said that it will relocate its Bangalore plant to Bidadi, a town located 32 km away from Bangalore on the Bangalore Mysore highway.
The company plans to move its manufacturing activities and related support functions to Bidadi in two phases from 2012-13 to 2015-16.
The company in a release said that it has acquired 97 acres in Bidadi for the construction of the new manufacturing facility and will invest nearly Rs 600 crore for development of the facility in both phases.
Detailing the phases of shift, the company said that in 2012 - 13, plant construction will be taken up and some 1,000 employees will shift to the Bidadi premises. In 2015 - 16, the construction for the second phase will begin and see the shifting of 3,000 employees to the new centre.
The company inaugurated its Bangalore plant located in Adugodi 60 years ago and said that no further expansion is possible at this location. The company, however, plans to retain the Adugodi location, which will continue to be its headquarters in India.
The space made available by the relocation will be used by Bosch to expand the Bosch R&D Centre and Robert Bosch Engineering & Business Solutions (India) to create a technology and engineering centre.