• Robert Bosch Electrical Drives Pvt. Ltd. was inaugurated at Chennai

Chennai, August 13, 2008: Bosch Electrical Drives India Pvt. Ltd., a 51: 49 joint venture between Robert Bosch Investment Nederland B.V. and Igarashi Motors India Limited, with a planned annual capacity of 3 million DC motors, was inaugurated today at Chennai. The Commercial production of motors for wiper system and window lift system will commence from September ’08. Additionally manufacturing of motors for engine cooling systems for automotive applications will commence from December ’08.

Among several senior executives representing many important customers, the event was graced by Mr. V. K. Viswanathan, Managing Director - BoschLimited,
Mr. Manfred Baden, Executive Vice President (Sales) - Bosch Electrical Drives division at Robert Bosch GmbH; Mr. Guenther Gauss, Executive Vice President (Manufacturing) - Bosch Electrical Drives division at Robert Bosch GmbH, Mr. Mukund, Managing Director - Igarashi Motors India Limited(IMIL).

Mr. V K Viswanathan said: “the green field start up manufacturing facility has been launched in a record time of 6 months since the incorporation of Bosch Electrical Drives in India. Bosch technology and marketing excellence combined with IMIL’s manufacturing strengths will provide an unbeatable competitive advantage in the Indian market. Bosch Electrical Drives Division will further look at expanding its footprint in Tamilnadu in future.

Mr. Manfred Baden – Chairman of Bosch Electrical Drives, India said, “keeping customers demanding requirements of rapid localization, the company with the support of customers and its partners in India, Bosch Electrical Drives is now looking to widen its product portfolio in India by offering state-of-the-art products from Electrical Drives Division to the growing and technology conscious Indian car makers and consumers.” He further added, “The team in India is prepared to meet the stringent timeline to launch its operations and will strive to reach the expected levels of technology, quality and cost levels of the OE customers”.

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. Ninety-two
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.

Additional information can be accessed at www.bosch.com.

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.

Bosch set up its manufacturing operation in India 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

Press Contacts:
India : Sanjay Chakravarty ; Phone : + 91 80 2299 2218
Rana Mathew ; Phone : + 91 80 2299 9780