Bosch commits itself to Innovation and Environment Conservation
- Bangalore plant touches record production
- Naganathapura plant introduces Start-Stop Systems in India
Bangalore, July 21, 2008: India’s largest auto-component company, Bosch Limited, a subsidiary of the Bosch Group, today reiterated its commitment towards innovation and environment protection with special emphasis upon the initiatives and milestones of its Bangalore and Naganathapura plants.
With special emphasis on the technology and investments in each of these plants, Mr. M. Lakshminarayan, Joint Managing Director, Bosch Ltd stated “At Bosch, innovations contributing to the betterment of the community has always been a priority. Our plants across India have contributed to society in terms of investment, employment generation and not to mention the environment. We look forward to many more years of increased presence and contribution towards the people of Karnataka and India”.
The Bangalore plant this year, reached record production volumes of the single cylinder pumps, elements and feed pumps. The Naganathapura plant achieved several milestones as well; from the introduction of several new variants for OEM’s to the starter motors and generators registering good growth, not to mention the Bosch compact drive starters that were launched this year and the gear reduction starters; the plant has indeed been a testimony to the Bosch vision.
The Naganathapura plant also introduced, for the first time in India, the innovative Bosch Start Stop Systems. Bosch, being an innovative product company emphasizes its ‘green drive’ with the development of the start stop system; a product that saves precious fuel to an extent of 8% and in turn reducing emission of carbon dioxide.
Bosch continues to follow and advocate their motto of clean, green and safe technologies for the world. The Bosch plants across India are a testimony of this philosophy.
About Bosch Group
The Bosch Group is a leading global supplier of technology and services. In the areas of automotive and industrial technology, consumer goods, and building technology, some 271,000 associates generated sales of 46.3 billion euros in fiscal 2007. The Bosch Group comprises Robert Bosch GmbH and its more than 300 subsidiaries and regional companies in roughly 50 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Each year, Bosch spends more than 3 billion euros for research and development, and applies for over 3,000 patents worldwide. The company was set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering.”
The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant up-front investments in the safeguarding of its future. Ninetytwo percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust. The remaining shares are held by the Bosch family and by Robert Bosch GmbH.
About Bosch in India
In India, Bosch is a leading supplier of technology and services in the areas of automotive and industrial technology, consumer goods and building technology. Additionally, Bosch also has in India, the largest development centre, outside Germany, for end to end engineering and technology solutions.
The Bosch Group operates in India through four companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited and Robert Bosch Engineering and Business Solutions Limited. Bosch Limited operates in Automotive Technology, Industrial Technology and Consumer goods & Building Technology business sectors.
In India, Bosch set up its manufacturing operation in 1953, which has grown over the years to 11 manufacturing sites and 4 development centres employing some 18000 associates
and generating a consolidated revenue of over Rs. 5700 crores in 2007.
Additional information can be accessed at www.boschindia.com and www.bosch.com
Contact person for press inquiries:
Sanjay Chakravarty - Tel.: +91 80 22996168
Rana Mathew - Tel.: +91 80 22999780