Bosch Group is planning to seek a partner for a joint venture or a buyer for its Starter Motors and Generators division. The company is convinced that this can further improve the division’s growth prospects in a market characterized by tough competition and cost pressure.
The Starter Motors and Generators division has successfully managed to transform itself over the past few years and is posting positive results. The division is well positioned internationally, and has technically and commercially competitive products that are very well received by the company’s customers.
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.
