German automotive supplier Bosch India Limited, a joint venture IgarashiMotorsIndia BoschElectricalDrivesIndiaPvt.Ltd. The company has said it will invest 370 million rupees in India (about 8.16 million U.S. dollars) to build a factory for the local production of auto parts .

    Gasgoo May 27, 2011 reported that the German auto parts supplier Bosch India Limited, a joint venture IgarashiMotorsIndia BoschElectricalDrivesIndiaPvt.Ltd. The company has said it will invest 370 million rupees in India (U.S. $ 8,160,000) the construction of the factory to the local production of automotive components.

    The company said the new plant will manufacture wiper system, engine cooling fan modules and window lift control air-conditioning blowers and other automotive components. The plant will commence in December 2012, the site selected in the southern Indian city of Chennai (Chennai).

    Bosch Indian subsidiary, said the joint venture in the next three years to recruit 350 additional staff in preparation for the expansion of production capacity. Currently, the joint venture company with 200 employees.