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© luchschen dreamstime.com Business | July 16, 2013

Bosch Automotive Electronics going for ECUs

India Private Limited, a 100% subsidiary of the Bosch Group in India, announced receiving approval on the investment proposal for manufacturing of Electronic Control Units (ECUs).

Mr. Kapil Sibal, Minister for Communication & IT and Law, handed over the approval order to Dr. Markus Hildenbrand, Managing Director, Bosch Automotive Electronics India Private Limited at E-Governance Hall DeitY, in New Delhi. With the planned investment of around Rs. 550 crores over the next 3-5 years (roughly 70 million euro), Bosch continues to be strongly committed to India. Dr. Steffen Berns, President, Bosch Group-India, said, “I am extremely delighted and express my sincere gratitude to the Government of India in extending this scheme to support the Electronics industry. Electronics manufacturing is at a nascent stage in India and this support will enable the industry to meet the dynamic and modern requirements, especially in the automotive domain”.
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