The auto industry is gearing up for the transition into electric vehicles. How prepared is the sector and which manufacturers will be impacted? In an interview to CNBC-TV18, Hemant Luthra, Chairman, Mahindra CIE Automotive, Prakash Diwan of Altamount Capital Management and Bertrand D'Souza, Editor-In-Chief of Overdrive shared their views and readings on the same.
In an interview to CNBC-TV18, Soumitra Bhattacharya, MD of Bosch gave his outlook for FY18 and spoke about the latest happenings in the company.
In an interview to CNBC-TV18, S Bhattacharya, Joint MD of Bosch spoke about the latest happenings and challenges of BS-IV.
Auto component major Motherson Sumi Systems could be eyeing the starter motors and generators division of global giant Bosch LLC through a likely USD 600-million bid, a media report said.
Bosch aims to generate one billion euros from its two-wheeler division by 2020, one-third of which is expected to come from India, says Geoff Liersch, Global Head, Two Wheeler Division & Senior Management Officer at Bosch.
Steffen Berns, President-India, Bosch Group, says with a turnover of Rs 1,133 crore in last fiscal, this subsidiary is a low-margin business.
In an interview to CNBC-TV18, Markus Heyn, President, Bosch shares his view on the auto sector in India and his outlook for the days to come.
Bosch inaugurated its new manufacturing facility at Bidadi, Bengaluru. CNBC-TV18's Poornima Murali is in conversation with Steffen Berns, President, Bosch Group-India and MD of Bosch.
Just a few days ago the National Green Tribunal ordered for a cleaner Delhi, post which the Haryana government decide to register only vehicles with low emission BS-IV engines.
In an interview to CNBC-TV18, Bernd Bohr, chairman – automotive group of Bosch says the company is seeing growth in India. "As far as Bosch group in India is concerned, we are expecting 15% growth in sales. That is well above the average of the group worldwide," he adds.
Managing director of Bosch VK Vishwanathan tells CNBC-TV18 that they are cautiously optimistic for 2012.
India is very important for Bosch's, says company's chairman of the board of management Franz Fehrenbach. The German engineering conglomerate has already outlined an investment plan of about over Rs 2,000 crore over the next two years to expand its facilities in India.