Bosch launches 50:50 air brake JV in Chennai
Bosch launches 50:50 air brake JV in Chennai. The joint venture aims to strengthen Bosch’s air brake systems manufacturing in India. This strategic move supports expansion in the commercial vehicle segment with an initial investment of ₹200 crore. The plant will supply to OEMs across Asia and Europe.
📊 STOCKS: BOSCHLTD | 🏢 SECTOR: Auto | #MEDIUMIMPACT #JointVenture
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