21 November 2018 Current Affairs:
Bosch Home Appliances plans to invest €100 million over the next four years into different sectors such as personalized solutions, brand building, strengthening its technology centre, and setting up a robust refrigerator factory in India. Bosch is developing solutions based on the blockchain, sensors, artificial intelligence (AI), and other futuristic technologies.
In India, Bosch’s AI solutions and transformation centre is located in Bangalore which is one of the global innovation centres. This center drives through Bosch’s “3S” strategy, that is, it uses sensors, software, and services.