Bosch rolls out 5 millionth power tool

Image
Press Trust of India Bengaluru
Last Updated : Mar 23 2017 | 1:57 PM IST
: Bosch Power Tools India today announced the roll out of 5 millionth power tool from its Chennai-based plant.
The facility which manufactures more than 60 specific power tools including eight types for artisans and tradesmen, is part of the Make-in-India programme announced by the government to boost manufacturing, the company said.
The Oragadam plant in Chennai, the first manufacturing facility of Bosch Power Tools in India, has a capacity of producing two million power tools every year, it said in a statement here.
Panish PK, Regional Sales Director and Business Head - India and SAARC - Bosch Power Tools, said, the 5 millionth rollout marks an important milestone in their journey over the past 14 years. India is one of the most important and fastest growing markets for Bosch Power Tools globally, he said.
The Power Tools Division of the Bosch Group is one of the world's leading providers for power tools, power tool accessories and measuring tools. In 2015, its roughly 20,000 associates generated sales of 4.5 billion euros, about 85 per cent of which outside of Germany.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 23 2017 | 1:57 PM IST

Next Story