Bosch (BOM:500530)

QUOTE AND NEWS
The Hindu Business Line  Oct 11  Comment 
Robert Bosch Engineering and Business Solutions (RBEI) has opened the BVBCET Bosch Automotive Electronics Laboratory at BVB College of Engineering and Technology (BVBCET) in Hubli. The t...
The Hindu Business Line  Oct 10  Comment 
The Karnataka Government has declared the Bosch workers’ strike at the Bangalore plant illegal. The Workmen Union of Bosch’s strike has entered the 25th day on Friday. Prior to this declaration, t...
Automotive World  Oct 7  Comment 
Bluetooth® adapter for connection to the vehicle Save money when refueling at filling stations in Germany Choose your preferred strategy for refueling Overview of your savings at a glance Available in the Google Play Store for Android smartphones...
Automotive World  Sep 30  Comment 
Progressive new concept Sophisticated high-performance dual-processor architecture High flexibility when processing content Mineral glass pane over the display exudes quality The instrument cluster represents a leap in technology, just like the...
Automotive World  Sep 29  Comment 
Holistic anticipation of driving situations Accident prevention from automatic alert when approaching congestion Automatic speed regulation on country roads Server connection for access to the latest traffic data Improved convenience and safety...
Automotive World  Sep 29  Comment 
TomTom has today announced a partnership with Bosch to integrate its navigation technology and maps into Bosch’s Advanced Driver Assistance Systems (ADAS). This partnership will enable Bosch to develop more advanced applications including...
Automotive World  Sep 29  Comment 
In 2013 alone, tailgating resulted in more than 45,000 accidents “This trend has to be stopped. Driver assistance systems, especially predictive ACC, can play a key role here” In combination with a forward collision warning system, ACC could...
The Economic Times  Sep 23  Comment 
These players are eager to cater to the demand for mobile phones, SIM cards, smart cards and smart cities in India, created by the “Digital India” initiative.
The Hindu Business Line  Sep 22  Comment 
Robert Bosch will acquire Siemens’ 50 per cent stake in the household appliances’ joint venture, BSH Bosch, for a total value of €3 billion. In India, the joint venture sells refrigerators, washin...




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Bosch has been present in India for over 50 years, through its flagship company MICO, the name of which was changed to Bosch Ltd. Bosch Limited today is the country's largest auto component manufacturer and also one of the largest Indo-German companies in India. The Bosch Group holds close to 70% stake in Bosch Limited. The company is headquartered in Bangalore with manufacturing facilities in Bangalore, Nashik, Naganathapura, Jaipur and Goa. It manufactures and trades products as diverse as diesel and gasoline fuel injection systems, Blaupunkt car multimedia systems, auto electricals, industrial equipment, special purpose machines, packaging machines, electric power tools and security systems.

The company reported a modest growth of 4% in bottomline during CY08. This was on the back of a decent 11% growth in topline. Even the operating performance was good what with profits growing by 20% and margins expanding by more than 100 basis points. However, lower other income and higher depreciation charges restricted the growth in net profits. Good growth in automotive aftermarket division, power tools division and security technology division helped offset some of the sharp slowdown seen in the automotive OE market.

With growth in the diesel passenger car segment, the demand for common rail systems is expected to improve significantly in the coming years. Bosch backed up by the parent technology and its own efforts at quality improvement and cost control is set to take advantage of this opportunity. The company also sees significant potential in the exports of Common Rail components. The company with its wide array of products, both in the automotive and non-automotive sectors, is in a position to further strengthen its market position. Deficient monsoons remain a matter of concern in the short term.

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