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Auto components major Bosch Ltd will invest over Rs 200 crore in India in the next five years.

New Delhi, July 12: Auto components major Bosch Ltd will invest over Rs 200 crore in India in the next five years in advanced automotive technologies and digital mobility space, its Managing Director Soumitra Bhattacharya has said. The company is also “quietly and cautiously optimistic about having a double-digit growth in FY2022-23 over the previous fiscal year”, Bhattacharya, who is also Bosch Group India President, wrote to the company’s shareholders in the annual report for FY22. He pointed out that […]

Bosch to invest over Rs 200 cr in next 5 years in India

At meeting held on 20 May 2021The Board of Bosch at its meeting held on 20 May 2021 has approved the following change in directorate: Resignation of Dr. Bernhard Straub (DIN: 06654241), as a Chairman and Director of the Company with effect from close of business hours on 20 May 2021, due to change in area of his responsibility at global level. Resignation of Bernhard Steinruecke (DIN: 01122939) as an Independent Director of the Company with effect from close of business hours on 20 May 2021, due to preoccupation. Appointment of Markus Bamberger (Non-Executive, Non-Independent Director) as an...