Bosch Global Software Technologies has leased 691,320 square feet of space in Bengaluru as it aims to expand its India operations. The property is located at Life Science Park in Electronic City.
Bosch will be paying rental at a rate of approximately Rs 58 per sq ft with a binding agreement for five years with a hard option to extend by another five years, according to a lease registration document.
Bosch Global Software Technologies is a key partner in the global automotive industry. The firm has the largest development centre outside Germany for end-to-end engineering and technology solutions, with about 31,000 employees as of last year.
