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Bosch informs about general update

27 Aug 2015 Evaluate

Bosch has informed that the Company has formally inaugurated on August 27, 2015, its new manufacturing facility at Bidadi, Bengaluru in the State of Karnataka at a built up area of approximately 38,000 square meters with an investment of around INR 3,400 million. The inauguration took place in the presence of Siddaramaiah, Hon’ble Chief Minister of Karnataka, and other dignitaries who graced the occasion. The construction of the Bidadi plant spans over two phases, with the second phase scheduled to be completed by 2018. This new state-of-the-art manufacturing facility will produce Diesel products that were previously manufactured at the Adugodi plant, and would have over 2,600 associates working at the facility. The new plant in Bidadi will produce common rail pumps & rails in the first phase & conventional fuel injection pumps production will start in the second phase.

The above information is a part of company’s filings submitted to BSE.

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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