India much higher than US from growth perspective, says top Bosch executive

For German manufacturing giant Bosch, India is emerging as a key development base for its artificial intelligence-related technology innovations in smart mobility and industrial manufacturing. The company, which earlier this year committed to investing $2.9 billion in AI-related innovations, is looking at India as a key software hub for all its global business developments. The country houses more than 20,000 of Bosch’s 38,000 software developers.