Bosch Automotive Electronics India, a 100% subsidiary of the Bosch Group in India, has received government’s approval on the investment proposal for manufacturing of Electronic Control Units (ECUs) of car engines under the Modified Special Incentive Scheme (M-SIPS). The company will invest Rs 550 crore in this project over the next 3-5 years in India.
Bosch Automotive Electronics India was the first to submit its application of Rs 550 crore under this scheme.
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.
