Bosch, a supplier of technology and services and products for the automobile original equipment manufacturers, yesterday (May 03, 2012), announced that it would invest Rs300 crore in 2012 for
expansion of Nashik plant. This is part of the Rs2,200 crore investment for the entire Bosch Group in India that was announced in January this year.
The funds will go towards capacity expansion, increase in production space along with increase in headcount. In the wake of improved diesel injection equipment demand, Bosch has invested substantially in Nashik plant on enhancing capacity. Production of Common Rail Injection systems has gone up by 60%. The production of nozzle holders has gone up by 20%, the company said in a statement.
The production space has gone up to the tune of 35,000 square meters to meet the expansion plan. Apart from production space, funds have also been allocated for a new office building. The newly constructed office building is expected to accommodate 140 persons.
In terms of headcount, 2012 will see the recruitment of over 400 persons in different areas of work, said Gopikumar, Vice President, Commercial of Bosch, Nashik Plant.
....more info
expansion of Nashik plant. This is part of the Rs2,200 crore investment for the entire Bosch Group in India that was announced in January this year.
The funds will go towards capacity expansion, increase in production space along with increase in headcount. In the wake of improved diesel injection equipment demand, Bosch has invested substantially in Nashik plant on enhancing capacity. Production of Common Rail Injection systems has gone up by 60%. The production of nozzle holders has gone up by 20%, the company said in a statement.
The production space has gone up to the tune of 35,000 square meters to meet the expansion plan. Apart from production space, funds have also been allocated for a new office building. The newly constructed office building is expected to accommodate 140 persons.
In terms of headcount, 2012 will see the recruitment of over 400 persons in different areas of work, said Gopikumar, Vice President, Commercial of Bosch, Nashik Plant.
....more info