Bosch (BOM:500530)

QUOTE AND NEWS
Automotive World  Mar 21  Comment 
In order to keep pace with the rapid technical progress in automotive engineering, regular trainings and advanced trainings are of major importance for automotive workshops. Only those workshop employees featuring the required technical knowledge...
Automotive World  Mar 17  Comment 
Why is Bosch involved in the Wissensfabrik educational initiative? Czock: “Education is the key to Germany’s future viability. This is why Bosch supports education and entrepreneurship. We want to help familiarize children and school students...
TechCrunch  Mar 16  Comment 
 Nvidia’s new partner in bringing AI-powered self-driving tech to the masses definitely has the experience needed to go truly mass-market – it’s Bosch, leading tier one auto industry supplier. Bosch will build an AI supercomputer designed...
Automotive World  Mar 15  Comment 
Bosch, the world’s largest automotive supplier, today announced it is working with NVIDIA to develop artificial intelligence self-driving systems for mass market cars. Bosch CEO Dr. Volkmar Denner unveiled the collaboration during his keynote...
Forbes  Mar 15  Comment 
The partnership comes on the heels of Intel's plan to buy Mobileye and expands Nvidia's growing range of automotive projects
Reuters  Mar 15  Comment 
Bosch [ROBG.UL], the world's biggest maker of automotive components, will continue to develop its own visual technology regardless of Intel's $15 billion deal to buy Mobileye, an executive said on Wednesday.
MarketWatch  Mar 15  Comment 
Nvidia stock gains premarket on report its teaming with Bosch on driverless car
The Hindu Business Line  Mar 15  Comment 
Bosch Power Tools India has launched a new range of heavy duty power tools suitable for the construction, mining, rail and other sectors. The new range includes battery operated ones which add to ...
The Hindu Business Line  Mar 12  Comment 
Robert Bosch Engineering and Business Solutions recently invited around 1,200 students from 16 schools to its campus here to interact with its employees. These schools are part of Bosch’s Model Schoo...




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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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