Bosch Ltd, a leading auto components manufacturer, has announced plans to invest over ₹200 crore in India over the next five years, with a strategic focus on advanced automotive technologies and digital mobility solutions. The move highlights Bosch’s long-term commitment to supporting India’s evolving mobility ecosystem and its transition to cleaner, connected transportation.
Soumitra Bhattacharya, Managing Director of Bosch Ltd and President of Bosch Group India, emphasized the company’s forward-looking vision in the latest annual report for FY2021-22. “We are invested in the future,” he said. “Bosch Ltd will invest more than ₹200 crore in India in the next five years in advanced automotive technologies and in the digital mobility space.”
Despite global economic uncertainties—including supply chain disruptions, chip shortages, geopolitical conflicts, and inflationary pressures—Bhattacharya expressed cautious optimism about achieving double-digit growth in FY2022-23.
Bosch Ltd recorded a total revenue of ₹11,104.7 crore in FY2021-22, with a profit after tax of ₹1,217 crore.
Electrification and Digital Mobility: The Road Ahead
Markus Bamberger, Chairman of Bosch Ltd, noted that the automotive markets are undergoing a significant transformation driven by climate action, electrification, automation, and connectivity. Bosch, with its strong global product portfolio in electromobility, aims to become a key player in the Indian electrification and hydrogen ecosystems.
“In India, Bosch Ltd will support OEMs through system expertise and ecosystem partnerships. We are already equipped with complete powertrain modules for hydrogen-based mobility and will actively participate in this growing market,” Bamberger said.
He also acknowledged the enduring relevance of internal combustion engine (ICE) vehicles in the Indian market. “While electric vehicles will grow, ICE will still hold a dominant market share of 70-75% till 2030,” he added.
Bosch’s Vision for India: Clean, Convenient, and Congestion-Free Mobility
The company is committed to transforming mobility in India by enabling sustainable solutions through innovation in fuel cells, electric drivetrains, and digital infrastructure. Bosch’s upcoming investments are set to support OEMs and startups alike in creating a cleaner and smarter mobility landscape.
This investment plan underscores Bosch’s confidence in India’s talent pool and growing demand for future-ready mobility solutions, making India a pivotal market in Bosch’s global strategy.
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