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Bosch invests in car fuel efficiency, safety apps in India

Posted: 11 Dec 2007 ?? ?Print Version ?Bookmark and Share

Keywords:automotive electronics? investments? India? common-rail diesel electronic equipment? anti-lock braking systems?

Automotive supplier Bosch Group achieved 20-percent revenue growth in India in 2007, and it is planning further investments in the subcontinent, focusing on fuel efficiency and safety.

In 2007, India's increasing degree of automotive mobility has bestowed Bosch sales of about $1.2 billion, a 20-percent increase from 2006. From 2005 through 2008, Bosch has invested $476 million into its expansion in India. The company already employs about 18,000 workers.

In order to crank up design and production for common-rail diesel electronic equipment and anti-lock braking systems in 2008 and Electronic Control Units (ECUs) in 2009, Bosch will invest another $249 million through 2010 in the country.

Bosch sees an exploding market for systems and products aiming at reducing pollutant emissions from vehicles while at the same time improving fuel efficiency. The company started in August 2007 the production of fuel injection systems and plans to manufacture 100.000 units during the current year. For 2010, about 1 million units are scheduled to leave the Bosch works. Similar trends are seen in starter motors, generators, and anti-lock braking systems.

At the same time, the German group plans to increase its visibility and brand awareness in India by renaming its 70-percent holding Motor Industries Co. Ltd (Mico) to Bosch Ltd. Mico board member V.K. Viswanathan will be promoted to the position of the CEO.

In addition, the group plans to launch the Bosch India Foundation, focusing on education, health and social activities.

- Christoph Hammerschmidt
EE Times Europe




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