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Bosch Group in India keen on growth oriented budget

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Dr. Steffen Berns, Managing Director of Bosch Limited and President of Bosch Group in India looks forward to an inclusive and growth oriented budget to foster auto industry revival. To foster growth, the annual budget needs to stimulate investment flow in key sectors, which in the long term would boost consumption.

Steffen Berns Bosch Group in India
Dr. Steffen Berns, Managing Director of Bosch Limited and President of Bosch Group in India

He looks forward to implementation of GST to help GDP growth. Sustainable infrastructure development, especially roads, railways and ports is key. To encourage manufacturing, measures that improve the ‘Ease of doing business’ should be initiated. This points to a clear roadmap including transparent process oriented way with defined timeframe for clearances. Fiscal discipline and control on fiscal deficit would be essential.

This week, Bosch Automotive Aftermarket is showcasing its mobility solutions business at ACMA Automechanika New Delhi. On display would be Bosch Group in India automotive products: Diesel Fuel Injection Systems, Common Rail Systems, Gasoline Systems, Filtration Systems, Braking Systems, Lighting Technology, Wiping Systems and Lubricant. Aftermarket segment displays include Spark Plugs and Filtration for the OE segment. Its multi-brand vehicle service network – Bosch Car Service and Express Bike Service will be showcased, alongwith diagnostic automotive service solutions targeted at OEMs, dealerships, workshops, fleets and technicians. Bosch diagnostic and test equipment, repair and training solutions, IT-enabled tools for OEMs, and the service bay, and connected cloud services will be shown.

Guenter Weber, Regional President, Automotive Aftermarket, Bosch Limited says ACMA Automechanika is a great platform for the division. Indian auto aftermarket business is looking at growth, and Bosch Group in India wants to position itself as the partner of choice for parts, bytes and services. As Indian automotive market grows, and regulations move towards global standards, Indian consumer will want the best in safety, fuel efficiency and sustainable technology. Bosch offers the same across vehicle segments. Bosch Electronic Stability Program (ESP), Anti-lock Braking System (ABS) and Traction Control System (TCS) is used in India. As the domestic market grows, more global products targeted at the Indian consumer will be introduced.