SINGAPORE: Bosch targets Asia-Pacific for growth
Bosch Group aims to increase its sales in the Asia-Pacific region to 25% of global revenues by 2015, from 16% at present, by placing much greater emphasis on business development in the region compared with the USA and Europe. Its sales in Asia-Pacific have grown at a double-digit rate for the last few years to reach EUR7.6bn in 2007, around 60% of which is estimated to come from the automotive sector.
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