Bosch India to invest Rs 300 crore in Nashik plant

Team OD Updated: May 09, 2013, 04:15 PM IST

Bosch Limited announced that they will be investing Rs 300 crore in their Nashik plant. This is a part of the Rs 2200 crore investment for the Bosch group in India that was announced at the Auto Expo 2012. Bosch have been increasing their production capacity and this investment will contribute in acquiring more land, to the tune of 35,000 square metres for this purpose. In 2012, the company will also be recruiting over 400 people for different areas of work.

Commenting on the occasion Gopikumar, vice president â" commercial, Bosch Limited Nasik plant, said "Our commitment to Nasik is undisputed. We are playing a very important role in contributing towards meeting market demand of the Bosch Group in India."

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