In an interview with CNBC-TV18, VK Vishwanathan, MD of Bosch reiterates the fact and confirmed that its Bangalore and Jaipur plants will suspend operations for two and five days respectively. According to him, slowing demand has led the company to take such a step.
Mico Bosch CEO VK Vishwanathan told investors that despite tremendous potential, original equipment manufacturers like them will wait for a definitive action on diesel prices before increasing their spendings on diesel injection pump parts.
VK Vishwanathan, MD of Bosch India said the company hopes to maintain a strong double-digit growth in the next six months.
In an interview with CNBC-TV18, VK Vishwanathan, managing director of Bosch, spoke about the company’s results and the road ahead.