German multinational and auto component major Bosch are excited to expand the business in India. As per the reports, the company is planning to launch Rs 800 crore in India to establish its headquarter in India.
Bosch Ltd managing director Soumitra Bhattacharya said, "If you look at the Bosch India story, in the last five years, we have been investing anywhere between Rs 650 crore to Rs 900 crore annually."
He further added, "I anticipate that the trend of ouCapExex we have had will continue for the next few years and that is between Rs 650 crore to Rs 800 crore per annum. It will, however, be dependent on the business conditions and may vary accordingly."
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