Bosch in­vests in the up­skilling of In­dia's hu­man cap­i­tal for sus­tained so­cial growth

Business Sphere - - ROBERT BOSCH GMBH -

lo­ca­tions con­sent­ing to the trans­fer to a new com­pany. The pur­chaser in­tends to take on all the just un­der 7,000 SG as­so­ciates, as well as all the SG lo­ca­tions. Bosch and the Ger­man em­ployee rep­re­sen­ta­tives’ ne­go­ti­at­ing team have now reached an agree­ment that sup­ple­ments the orig­i­nal agree­ment with pro­vi­sions re­lat­ing to the pur­chaser. Prospects Ex­plain­ing his com­pany’s de­ci­sion, Chengyao Jiao, the CEO of ZMJ, says: “We are very pleased that we can now add to and suc­cess­fully fur­ther ex­tend our busi­ness with th­ese new as­so­ciates, their ex­per­tise, and the ex­cel­lent prod­ucts of the Starter Mo­tors and Gen­er­a­tors divi­sion. In the fu­ture, we want the Starter Mo­tors and Gen­er­a­tors divi­sion to play a cen­tral role in our com­pany.” Jiao adds: “Above all, we look for­ward to work­ing with the ex­ist­ing man­age­ment team to build up a busi­ness in the rapidly grow­ing emerg­ing mar­kets. In ad­di­tion, we want to fur­ther strengthen our po­si­tion in the mar­kets in which SG is al­ready a leader.” ZMJ will sup­port SG in fur­ther ex­pand­ing its com­pet­i­tive pro­duc t port­fo­lio. Im­proved re­gional pres­ence, es­pe­cially in Asia, will al­low SG’s busi­ness to be ex­panded sus­tain­ably and prof­itably. “We have achieved our goal and found a pur­chaser of­fer­ing a vi­able in­dus­trial con­cept and a long-term per­spec­tive for suc­cess­fully tak­ing this busi­ness for­ward in­ter­na­tion­ally, and thus for as­so­ciates,” says Dr. Rolf Bu­lan­der, chair­man of the Mo­bil­ity So­lu­tions busi­ness sec­tor and mem­ber of the man­age­ment board of Robert Bosch GmbH. Com­ment­ing on the sale, he says: “I am con­fi­dent that, in this new con­stel­la­tion, the divi­sion can seize its op­por­tu­ni­ties for a pos­i­tive fu­ture.” In mid-2015, Bosch an­nounced it was ex­am­in­ing strate­gic op­tions for re­align­ing the divi­sion. Th­ese in­cluded the search for a part­ner or buyer. Bosch is con­vinced that, in this con­stel­la­tion, the divi­sion’s com­pet­i­tive­ness can be in­creased and that fur­ther stim­uli for growth can be cre­ated. Bosch has in­vested a lot in mak­ing this hap­pen. The carve­out was the most com­plex one in the com­pany’s his­tory. Tak­ing cog­nizance of In­dia’s evolv­ing busi­ness land­scape and its dy­namic so­cial struc­ture, Bosch Lim­ited has de­vel­oped train­ing pro­grams tai­lored to ad­dress the de­mands of In­dia’s man­u­fac­tur­ing and ser­vice in­dus­try. The skilling ini­tia­tive de­vel­oped for both in­dus­tries is dif­fer­ent in na­ture and out­come. The pro­gram in­tended at the man­u­fac­tur­ing in­dus­try comes from a more long-term, ‘hard-skills’ de­vel­op­ment per­spec­tive, while for the ser­vice in­dus­try it is more short­term, ‘soft-skills’ ori­ented. “The Bosch Vo­ca­tional Cen­ter (BVC) is a pres­ti­gious fa­cil­ity that has gained im­mense re­pute over the years in the area of vo­ca­tional train­ing. To build on our ex­per­tise in the area of vo­ca­tional skilling, we ex­panded the sphere of our in­flu­ence in the train­ing do­main to de­velop cus­tom­ized pro­grams that are tar­geted to­wards mak­ing school dropouts em­ploy­able in the ser­vice in­dus­try,” com­mented Mr. Soumi­tra Bhat­tacharya, man­ag­ing di­rec­tor, Bosch Lim­ited, and pres­i­dent, Bosch Group In­dia. Adding fur­ther he said, “We of­fer train­ing pro­grams at a scale that out­weighs our own pro­fes­sion­al­cum-in­dus­trial re­quire­ment. With a com­bined ben­e­fi­ciary strength of over 11,000, across both pro­grams, Bosch Lim­ited’s skilling ini­tia­tives are well at­tuned to the needs of the in­dus­try. We have a job place­ment rate of over 95 per­cent and this is a big ad­van­tage in to­day’s volatile busi­ness en­vi­ron­ment. In ways such as th­ese and oth­ers, Bosch Lim­ited’s ef­forts are di­rected to­wards en­hanc­ing the world’s fastest grow­ing econ­omy’s (In­dia) qual­ity of life.” Forth­com­ing leg­is­la­tion man­dates, such as, the leapfrog­ging to BS VI by 2020, sig­nal the winds of change that will be wit­nessed across In­dia’s man­u­fac­tur­ing ecosys­tem. In­creased lev­els of au­to­ma­tion on the shop floor will ne­ces­si­tate highly skilled

Chengyao Jiao, the CEO of ZMJ

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