Bosch opens Rs 340-cr worth factory in Bengaluru
The factory will be manufacturing pumps for diesel engines
 "Bosch opens Rs 340-cr worth factory in Bengaluru")
"India is a key pillar of our growth strategy in Asia Pacific. A strong local presence is the basis for further growth in the region", said Mr. Peter Tyroller, the member of the board of management of the Bosch Group responsible for Asia Pacific. "Bosch is on track to double sales in Asia Pacific by 2020".
The plant, the 14th of Bosch was inaugurated by Karnataka chief minister Siddaramaiah, the company said in a statement.
"We see a lot of growth potential in India and strive to bring more projects, products and manufacturing to the country also in the future, " said Dr. Steffen Berns, president of Bosch in India and managing director of Bosch Limited. "Our growth in India is closely interwoven with the relationship we share with the State of Karnataka and we look forward to enriching this partnership," he added.