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Bosch plans to invest in India over three years, Rs 13 billion expansion-glow plug,spark plug

German automotive supplier Bosch has said the company plans to invest over the next three years, more than 130 billion rupees to meet India's rapidly growing automotive industry needs.

     Bosch 2011(Monday) the company in October 2010 to December revenue. It is reported that the company's revenues during this period was 21 billion rupees, a net increase of 33%.

     In 2010, India car sales up 31%, has become the world's fastest-growing automotive market in one of the regions. At present, many parts suppliers have developed ambitious expansion plans to meet the needs of the Indian market.

     January 2011, to benefit from the strong purchasing power of middle-class consumers, and the Indian government relaxed lending policies and model number, vehicle sales in India, a new high.

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