Telangana state continues to attract big-ticket investments. The latest is German MNC, Bosch Global Software Technologies that supports Bosch, the world leader in Mobility, Industrial Engineering & Home Appliances. The company's top brass has connected to Industries Minister K Taraka Ramarao via video-conferencing and agreed to make the big investment in Hyderabad.

With this, Hyderabad will be the strategic location for Bosch Global Software Technologies where the company's R&D work will happen. The proposed facility will provide employment to about 3000 people. The quantum of the investment is yet to be revealed. The company's representatives will fly down to Hyderabad very soon and sign the MOU with Telangana Government.

"BOSCH in Hyderabad! German MNC & a world leader in Mobility, Industrial Engineering & Home Appliances has chosen Hyderabad as a strategic location with its Bosch Global Software Technologies and R&D presence. The proposed facility will provide employment to about 3000 people," KTR announced this development on Twitter.