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Bosch to suspend manufacturing operations at Nashik and Jaipur plants

16 Aug 2013 Evaluate

Bosch has proposed to suspend the manufacturing operations at the company’s plants located at Nashik and Jaipur. 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.

The company’s Nashik plant will undergo suspension of production lines on 16th and 17th of August 2013 while Jaipur plant will undergo suspension on 19th, 21st to 23rd of August 2013.

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.

Bosch Share Price

37505.60 80.10 (0.21%)
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Company Name CMP
SamvardhanaMotherson 125.00
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Bosch 37505.60
UNO Minda 1097.30
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