Bosch plans to invest Rs 400 cr in Chennai facility

Will use the plant to manufacture other products too

Press Trust of India Vadodara
Last Updated : Jul 21 2015 | 2:33 PM IST
Home appliances major Bosch today said it plans to invest Rs 400 crore in its Chennai facility, which currently manufactures washing machines.

Bosch is planning a major investment in its Chennai facility, head, Brand (Stores), V Ranjith Nair, said here.

The senior company executive was in the city to launch Bosch's first brand store in Gujarat.

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"We have an investment plan of around Rs 400 crore for our facility in Chennai. Currently, front-loading washing machines are manufactured at the facility. And it has a capacity to produce over 300,000 units a year. We now plan to utilise the entire plant to manufacture other products," Nair said.

The Chennai plant is spread over an area of 42 acres.

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First Published: Jul 21 2015 | 2:07 PM IST

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