Bosch reportedly will invest INR10 billion ($US216 million) in India over the next four years as part of its Asian expansion plans.
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“A significant part of the investment will be directed towards the introduction of common rail diesel injection systems (equipment), including application, testing and manufacturing,” Bosch said in a statement cited by Reuters.
The entire investment will be routed through Motor Industries Company Ltd., the Indian subsidiary in which the unlisted Bosch group holds a 60% stake, a spokeswoman told Reuters.
