Bosch has received approval to enter into a joint venture (JV) agreement with Tata Autocomp Systems for the formation of a joint venture company in India in the ratio of 50:50 to carry on the business of manufacture, sale, and after-sales service of e-axles and electric traction motors and any other products.
The Board of Directors of the company at its meeting held on March 18, 2026, has approved the same.
Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
