Bosch to Invest $432M in India Between 2010 and 2012, Nearly 25% for Auto
04 January 2010
Bosch will invest Rs. 20 billion (US$432 million) in its Indian operations between 2010 and 2012, with nearly 25% of that investment go into further strengthening the Bosch Automotive Group’s research and development activities in India.
The company has already invested Rs. 21 billion (US$454 million) in the country between 2005 and 2009 for various expansion activities. More than 80% of Bosch revenues in India are generated from the automotive technology business.
India is witnessing a strong increase in demand for diesel engines, notes Bosch. Bosch introduced its common rail fuel injection systems in India in 2006, and recently launched common-rail systems for medium and heavy commercial vehicles. Bosch also developed the common rail system for the Tata Nano diesel. To be produced in India, the Nano common rail system is the first to feature a high-pressure pump based on a one-cylinder plug-in pump.
Bosch is also developing in India products for the Indian market such as low-cost fuel injection systems, compact direct starters, new base line alternators, and start-stop systems for Indian driving conditions.
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