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.