The company, which used to operate an R & D centre in Bangalore, was looking for engineers specialising in embedded software and was also finding it difficult to synergise operations with its head office in New Delhi.

Still aggressive

“Bose started off with an R&D centre but had to shut down as it could not deliver maximum benefits as envisaged. We could not find talented skilled engineers trained in embedded software,” Bose India General Manager Ratish Pandey told reporters here. He said the Bangalore centre started with five engineers who were later relocated to the US due to shutdown of R&D operations in India. The company is still aggressive on its India strategy and continues to outsource IT services to the country.

“All IT outsourcing that our parent in US does is to India. We continue to be bullish on India,” Mr Pandey said. Meanwhile, the company unveiled two models of its lifestyle home theatre systems V20 and V30 in the country priced at Rs 1,29,263 and Rs 1,91,138 respectively. The new home theatre systems would be retailed through the company’s 16 exclusive outlets in the country.

On expansion of retail outlets, Mr Pandey said, the company was looking at right opportunities but real estate still has been a cause of concern. “ We are looking at right opportunities, where it is there we would definitely open more stores,” he said.