The sales of vehicles fitted with ABS in India in 2016 improved significantly owing to a combination of factors, such as legislation mandates and improved customer awareness.
These factors led to strong demand and sales, as India currently registers an ABS fitment rate of approx. 50 percent. As a leading provider of the technology in the region, Bosch has benefitted significantly from this development and expects to further leverage this advantage in the coming few years. To keep pace with future demands the Bosch Group in India has been building capacity at its Pune plant.
"Over the past nine years Bosch has invested over Rs400 crore in Bosch Chassis Systems India Pvt. Ltd. We are committed to growing this segment of our business and to that end the development of the Pune plant is crucial and necessary," commented Soumitra Bhattacharya, MD, Bosch Limited, and president, Bosch Group India.
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