Bosch has proposed to suspend manufacturing activities of Diesel Products (except Common Rail Pump), Industrial Equipment and Power Tools division at the company’s Bangalore Plant on April 04, 2015. The company has taken this step with a view to minimize overhead and operating cost due to lower customer demand.
Other manufacturing operations related to Common Rail Pump, Engineering Testing, Automotive Workshop Equipment & Manufacturing of Calibration Test Benches and Machine Building shops will work normally. There will be no financial impact on account of this suspension for a day.
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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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