German power tools and car parts maker Robert Bosch will invest 600 million euro to build a plant for manufacturing automobile parts in eastern China, a report said today.
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China Business said the plant in Wuxi, Jiangsu province, is expected to have annual sales of one billion euro and become Bosch’s global production base for fuel injection pumps.
The pumps made at the plant will meet European Euro III standards, the report said.
Bosch has already set up more than 180 repair outlets for petroleum engines and 80 outlets for diesel engines in China, and plans to raise the total number to 400 by the end of this year and to 1,000 by 2010, the newspaper said.
