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Article: Bosch group to invest Rs 900 cr in two years.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- November 1, 2006
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Bosch group to invest Rs 900 cr in two years
Kolkata, Nov 1 (PTI) The Bosch group of Germany today said it has earmarked an investment of about Rs 900 crore in the next two years for research and development across its companies in India and to increase capacity.
Investments would be made to ramp up capacity and for making R&D expenditure across the companies in India, Managing director of Bosch group's flagship company, Motor Industries Co Limited (MICO) Albert Hieronimus told reporters.
The group currently has four companies operating in India. Besides MICO, the other three companies are Robert Bosch India Limited, Bosch Chassis Systems India ...