Joint venture agreement with Wheels India Limited and Brakes India Private Limited -Bosch Ltd
Code BSE: 500530 NSE: $BOSCHLTD Bosch Limited, Brakes India Private Limited and Wheels India Limited announce a joint venture to drive growth in commercial vehicle segment “At Bosch, we are continuously expanding our capabilities to solidify our global leadership in the commercial vehicle sector.” said Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited. “This joint venture is a decisive step to shape the future of advanced air systems. By integrating premier engineering and manufacturing prowess, we are cocreating state-of-the-art, intelligent modules that will empower our customers globally to build more advanced commercial vehicles.”
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