Bosch has entered into joint venture (JV) with TSF Group’s subsidiaries -- Wheels India and Brakes India to drive growth in air systems for commercial vehicles. The company will hold 50% stake in the JV, while Wheels India and Brakes India will collectively hold rest 50% stake. The JV is aiming to commence operations by end of 2026, post receiving all regulatory approvals.
The JV will focus on engineering, manufacturing and sales of electronically controlled and software driven modules for air compression, air processing, air suspension, and air parking brakes. With a registered office in Chennai, the global supply chain including India will be managed by entities of Bosch, Brakes India and Wheels India. This development enables both companies to cater to the accelerating customer demands for greater efficiency, safety, and automation.
Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.
