Indian policy makers should set 'right' targets: Bosch Group chairman

The slow-down in automobile sales is also slipped over to capital expenditure spends by major manufacturing companies, according to Denner

Indian policy makers have to be pragmatic in their approach while pursuing reforms in key sectors including automobile which is going through tough times, said Volkmar Denner, chairman of Robert Bosch GmbH, one of largest auto-component and heavy machinery makers in the world. 

“It’s very important for a country, and its politicians, to set the right targets,” said Denner, who is currently in the country with the company’s entire board of directors for the first time. 

The comments are in reference to the ambitious targets set by India with regard to Bharat Stage-VI (BS-VI) emission norms and proposed electric vehicle