Bosch India partners with PTV Group to advance the future of connected mobility in India
Bengaluru, India /Karlsruhe, Germany, 30 August 2022 – Bosch India, one of the leading suppliers of technology and services, and PTV Group, global market leader for mobility and logistics software, today announced their partnership to advance the future of connected mobility in India. As part of this engagement, PTV Group and Bosch India will execute their shared vision of building innovative digital solutions for a sustainable, eco-friendly, and greener future.
To address the nation’s rapid urbanization and rising demand for transport infrastructure and services, Bosch India is building digital platforms that empower enterprises in the connected mobility ecosystem to collaboratively work towards shaping a safe and sustainable tomorrow. Mobility Marketplace enables Bosch India to empower different players across the sector to shape sustainable, smart mobility, and logistics solutions through APIs, data, software, services, and hardware under one umbrella. The OEMs, shared mobility providers, logistics services companies and other entities on Bosch’s Mobility Marketplace will now have access to PTV Group’s leading mobility and logistics solutions.
PTV Group brings in over four decades of experience in developing software for intelligent traffic management, multimodal transport planning and the optimization of logistics processes enabled through APIs and tools like PTV Developer, Vissim, Visum, Optima and more. In addition to this alliance, Bosch India and PTV Group will explore synergies and new horizons such as joint go-to-market for government projects.
"Bosch is shaping the future of mobility that is safe, sustainable and exciting. We believe in cohesive growth and partnering with like-minded partners to share our vision and build a better tomorrow. We are privileged to have PTV Group on a similar mission as ours on the journey" said Mr. Sandeep Nelamangala, Executive Director and Executive VP - Mobility Solutions, Bosch India.
“At PTV Group we aim to empower cities and companies to create sustainable, safe and intelligent mobility ecosystem. India faces many challenges here, but also has so much potential. Our new partnership with Bosch India offers various opportunities. Bosch has a great automotive domain expertise and an extensive network of customers. We are looking forward to joining forces, providing the best tools for a greener and smarter future”, said Christian U. Haas, CEO of PTV Group.
Alliance for better air in cities
Bosch and PTV Group are also linked by other close partnerships. Since spring 2021 the two companies are collaborating to further improve air quality and reduce traffic-related emissions in cities. The integration of precise emissions data from Bosch into the traffic simulation tool PTV Vissim, enables planners to easily evaluate the effects of planned traffic measures on vehicle emissions.
About Bosch in India
In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions. The Bosch Group operates in India through fifteen companies, viz, Bosch Limited, Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Robert Bosch Engineering and Business Solutions Private Limited, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited, Mivin Engg. Technologies Private Limited, Robert Bosch India Manufacturing and Technology Private Limited, PreBo Automotive Private Limited and Precision Seals. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. Bosch Group in India employs over 31,530 associates and generated consolidated revenue of about ₨.17,354 crores* (2.05 billion euros) in 2020 of which ₨. 10,942 crores* (1.29 billion euros) from third party. The Bosch Group in India has close to 15,650 research and development associates.
In India, Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over ₨. 8,386 crores (0.99 billion euros) in 2020. Additional information can be accessed at www.bosch.in
The Bosch Group is a leading global supplier of technology and services. It employs roughly 395,000 associates worldwide (as of December 31, 2020). The company generated sales of 71.5 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiary and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 129 locations across the globe, Bosch employs some 73,000 associates in research and development, of which nearly 34,000 are software engineers.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, https://twitter.com/BoschPress
PTV. Empowering mobility.
PTV Group takes a holistic approach that integrates all aspects of traffic, transport and logistics to create and promote sustainable mobility. The PTV Group provides software solutions and consulting services to empower mobility and transport for a cleaner and smarter future. Its best-in-class software for intelligent traffic management and transport optimization enables decision-makers in politics, cities, industry, and trade save time and money, make roads safer, and protect the environment. PTV’s software simulate and demonstrate today how tomorrow’s mobility, with all its ecosystems and dimensions, can be realized – from strategic transport planning to micromobility for the first/last mile.
The company was established in 1979. Today, approximately 900 employees worldwide work on future-oriented solutions to create intelligent and eco-friendly mobility for everyone.
PTV Group HQ, Karlsruhe