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Bosch suspends manufacturing operations at Nashik plant

31 Dec 2014 Evaluate

Bosch has suspended its manufacturing operations at Nashik plant on December 31, 2014. The company has taken this step with a view to adjust production to meet the demand for products and to avoid unnecessary buildup of inventory.

Bosch is a major player in the diesel segment and 60% of its sales come from diesel segment. It is also among the larger suppliers of common rail direct injection (CRDI) systems in India. The company buys half of the components required for the CRDI systems (by value) locally.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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