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Bosch India to invest INR 1,170 cr in 2016

Bosch India
 

India is planning to skip BS-V and directly adopt BS-VI emission standards by 2020.

As India is looking at skipping the BS-V emission norms to directly adopt BS-VI norms in 2020, Robert Bosch India has already started holding talks with OEMs to quickly come up with cost-effective solutions that are specific to the local markets.

Economic Times reports that Bosch India will invest INR 1,170 crore in facilities, capacities, R&D and infrastructure in 2016. The investment will focus on working towards developing affordable technology to meet the future regulations in the country.

Speaking to the publication, Markus Heyn, member of the board of management at Robert Bosch, stated that that four-years is a rather compact period to develop BS-VI compliant solutions and hence right amount of resources needs to be allocated. He was upbeat about the engineering firm’s future prospects in the Indian automotive market.

bosche-affordable-efi

An affordable fix to BS-VI emission norms will involve an array of solutions rather than just a single solution (Note: Image is used for illustrative purpose only).

BS-VI emissions norms are at par with the Euro-6 norms which are currently in place in Europe. In order to keep pace, India needs to do in just 4 years what Europe did in 10 years. According to OEMs, skipping BS-V in favor of BS-VI would shoot up the vehicle prices sharply but Bosch India is confident of providing effective yet affordable solutions that is tailor-made for the market.

Also read – Q&A with Robert Bosch EBS Senior VP on e-Mobility in India

Mr. Heyn said that finding an affordable fix for the BS-VI will involve a landscape of solutions rather than just one solution

Via – Economictimes.Indiatimes.com

 

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