2200 Crore Investment for the entire Bosch Group in India that was announced in January this year. The funds will go towards significant capacity expansion, increase in production space along with increase in headcount. In the wake of improved diesel injection equipment demand, Bosch Nasik plant has invested substantially in enhancing capacity. Production of Common Rail Injection systems has gone up by 60%. The production of Nozzle holders of has gone up by 20%.
The enormous increase in production capacity has also resulted in the increase of production space. The Nasik plant is investing in enhancing production space to the tune of 35,000 square meters to meet the expansion plan. Apart from production space, funds have also been allocated for a new office building. The newly constructed office building is expected to accommodate 140 persons. In terms of headcount, 2012 will see the recruitment of over 400 persons in different areas of work. Commenting on the occasion Mr. Gopikumar, Vice President – Commercial, Bosch Limited Nasik Plant, said “Our commitment to Nasik is undisputed. We are playing a very important role in contributing towards meeting market demand of the Bosch Group in India.
With respect to CSR, the Nasik plant has an extremely robust portfolio that is augmented from time to time. The Bosch Nasik plant CSR Vision is “to commit ourselves to environmental protection and social responsibility”. Over the years the Nasik plant has taken up several CSR initiatives both directly as well as through Nasik Run Charitable Trust. A lot thrust is also given on areas like education, Health care, environment and community development. One of the most recent initiatives is adoption of Dubeywadi village for community development. The Bosch Nasik plant plans to adopt more villages in future.
About Bosch
The Bosch Group is a leading global supplier of technology and services. According to preliminary figures, more than 300,000 associates generated sales of 51.4 billion euros in the areas of automotive and industrial technology, consumer goods, and building technology in fiscal 2011. The Bosch Group comprises Robert Bosch GmbH and its more than 350 subsidiaries and regional companies in some 60 countries. If its sales and service partners are included, then Bosch is represented in roughly 150 countries. This worldwide development, manufacturing, and sales network is the foundation for further growth. Bosch spent more than 4 billion euros for research and development in 2011, and applied for over 4,100 patents worldwide. With all its products and services, Bosch enhances the quality of life by providing solutions which are both innovative and beneficial.
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 six companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited, Robert Bosch Engineering and Business Solutions Limited, Bosch Automotive Electronics India Pvt Ltd, Bosch Electrical Drives India Pvt Ltd.. In India, Bosch set up its manufacturing operation in 1953, which has grown over the years to include 13 manufacturing sites and 7 development and application centers. Bosch Group in India employs over 25,000 associates. In India it generated consolidated revenue of over Rs. 11,300 crores in 2011.
In India Bosch Limited is the flagship company of the Bosch Group. It earned a revenue of over Rs 8000 crores in 2011.
Additional information can be accessed at:
www.boschindia.com, www.bosch.com
Sourced From :Genesis Burson-Maresteller
