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Web Exclusive | August 2015

Bosch invests Rs 340 cr in new diesel facility

Bosch, a leading supplier of technology and services, inaugurated its 14th manufacturing facility in India. The new plant is located at Bidadi, Bengaluru and will manufacture products for the diesel systems division. The company has invested Rs 340 crore in this facility. This investment underlines the importance of India for the Bosch Group. “India is a key pillar of our growth strategy in Asia Pacific. A strong local presence is the basis for further growth in the region”, said Peter Tyroller, the member of the board of management of the Bosch Group responsible for Asia Pacific. “Bosch is on track to double sales in Asia Pacific by 2020,” said Tyroller, referring to the target the company had set itself in 2014.
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