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YOU ARE HERE > MONEYCONTROL > MARKETS > AUTO ANCILLARIES > COMPANY BACKGROUND - Bosch
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-E x c e p tf o ra1 6d a ys t r i k ea tt h eN a s i kf a c t o r yt o w a r d st h ee n do f y e a rw h i c hc o n t i n u e df o raf e wd a y si nJ a n u a r y1 9 8 4 ,t h ei n d u s t r i a l r e l a t i o n sc o n t r i b u t e dt ot h ei m p r o v e dw o r k i n g . T h em a r k e ts i t u a t i o n i m p r o v e dd u r i n gt h ef i r s th a l fo f1 9 8 5 . H o w e v e rt h e r ew a sa s l a c k e n i n go fd e m a n di nt h es e c o n dh a l f ,e s p e c i a l l yi nt h el a s t q u a r t e r ,d u et op o o rm o n s o o n sa n dr e c e s s i o ni nt h ec o m m e r c i a lv e h i c l e i n d u s t r y . 1 9 5 3 -A n o t h e rc l a s so fR e d e e m a b l ep r e f e r e n c es h a r e sw a sa l s oi n t r o d u c e d R i g h ti s s u e sw e r em a d ei nA u g u s t1 9 5 2 ,A u g u s t1 9 5 3a n dN o v e m b e r 1 9 5 5 . 1 9 6 1
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-I nM a r c h1 9 5 9 ,2 5 , 0 0 0N o .o fe q u i t ys h a r e sw e r ei s s u e dt oR o b e r t B o s c h ,W e s tG e r m a n y . I nM a r c h ,1 9 6 2 ,3 0 , 0 0 0R i g h te q u i t ys h a r e s i s s u e da tap r e m .o fR s . 1 0p e rs h a r ei nt h ep r o p .1 : 5 . 1 9 6 3 -I nJ a n u a r y ,4 5 , 0 0 0b o n u se q u i t ys h a r e si s s u e di nt h ep r o p .1 : 4 . 1 9 6 4
http://www.moneycontrol.com/company-facts/bosch/history/B05#B05
-I nF e b r u a r y ,1 9 6 6 ,4 5 , 0 0 0r i g h te q u i t ys h a r e si s s u e da tap r e m .o f
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-I nF e b r u a r y ,1 9 6 6 ,4 5 , 0 0 0r i g h te q u i t ys h a r e si s s u e da tap r e m .o f R s . 1 0p e rs h a r ei nt h ep r o p .1 : 5 . I nS e p t e m b e r ,1 9 6 6 ,9 0 , 0 0 0b o n u s e q u i t ys h a r e si s s u e di nt h ep r o p .1 : 3 . I nO c t o b e r ,1 9 6 6 ,f u r t h e r 1 5 , 0 0 0r i g h te q u i t ys h a r e si s s u e da tap r e m .o fR s . 1 0p e rs h a r ei n t h ep r o p .1 : 2 4 . 1 9 6 9 -I nJ a n u a r y ,t h eM y s o r eB r a n c ho ft h eC e n t r a lB a n ko fI n d i aL t d . , o f f e r e df o rs a l e-2 , 0 0 0N o .o fe q u i t ys h a r e so ft h ec o m p a n ya ta p r e m .o fR s . 7 0p e rs h a r ei no r d e rt oc o m p l yw i t ht h el i s t i n g r e q u i r e m e n t so ft h es t o c kE x c h a n g e ,M u m b a i . -A tt h et i m eo fi n c o r p o r a t i o n ,t h ec o m p a n yh a d3c l a s s e so fs h a r e s v i z . ,` A 'o r d i n a r y ,` B 'O r d i n a r ya n dp r e f e r e n c e . 1 9 7 3 -3 , 7 5 , 0 0 0b o n u se q u i t ys h a r e si s s u e di nt h ep r o p .1 : 1 . -9 5 , 5 8 8N o .o fe q u i t ys h a r e si s s u e da tR s . 1 7 5p e rs h a r eo fw h i c h 4 8 , 0 0 0s h a r e si s s u e dt oF i n a n c i a lI n s t i t u t i o n sa g a i n s tc o n v e r s i o no f l o a nf r o mt h e ma n d4 7 , 5 8 8N o .o fe q u i t yi s s u e da sr i g h ts h a r e st o m e m b e r so t h e rt h a nR o b e r tB o s c hG m b Hi nt h ep r o p .o f3 : 2 0 ,-R s . 4 0 ( R s . 2 5o nc a p i t a la c c o u n ta n dR s . 1 5a ss h a r ep r e m . )w a sc a l l e du p . F u r t h e rc a l l sp a y a b l ew e r eR s . 5 0( R s . 2 5o nc a p i t a la c c o u n ta n dR s . 2 5 a ss h a r ep r e m . )( 3 1 s tA u g u s t1 9 7 4 ) ,R s . 5 0( R s . 2 5o nc a p i t a la c c o u n t a n dR s . 2 5a ss h a r ep r e m . )( 3 0 t hD e c e m b e r ,1 9 7 4 ) ,R s . 3 5( R s . 2 5o n c a p i t a l a c c o u n ta n dR s . 1 0s h a r ep r e m .( 3 0 t hA u g u s t1 9 7 5 ) . 1 9 7 6 -4 , 2 2 , 7 9 4b o n u ss h a r e si s s u e di np r o p .1 : 2 . 1 9 8 0 -Al e t t e ro fi n t e n tw a sr e c e i v e df o ra ne x p a n s i o no fm a n u f a c t u r i n g c a p a c i t y . 1 9 8 2 -6 , 3 4 , 1 9 1b o n u se q u i t ys h a r e si s s u e di np r o p .1 : 2 . 1 9 8 5 -Al e t t e ro fi n t e n tf o rd i v e r s i f i c a t i o ni n t oa u t oe l e c t r i c a l sw a s r e c e i v e da n da p p r o v a lf o rt h ei m p o r to fc a p i t a lg o o d sw a sa l s o o b t a i n e d . 1 9 8 6 -S a l e st u r n o v e rr e g i s t e r e do n l y7 . 3 %g r o w t hd u et or e c e s s i o n a r y t r e n d .B o t hc o m m e r c i a lv e h i c l ea n dt r a c t o rp r o d u c t i o nd r o p p e d . -1 9 , 0 2 , 5 7 3b o n u se q u i t ys h a r e sw e r ei s s u e di np r o p .1 : 1 . 1 9 8 7 -U n d e rt h em o d e r n i s a t i o np r o g r a m m e ,t h ec o m p a n ya d d e dan u m b e ro f n e wm a c h i n e sb o t ha tt h eB a n g a l o r ea n dN a s i kf a c t o r i e s . A l s oa f o u r t hg e n e r a t i o no n l i n ec o m p u t e rf a c i l i t yw a si n s t a l l e da tt h e B a n g a l o r ef a c t o r y . -T h eG o v e r n m e n to fI n d i aa p p r o v e dt h ee n h a n c e m e n to ft h el i c e n c e d c a p a c i t yo fm u l t i c y l i n d e rp u m p sa n dn o z z l eh o l d e r st o2 , 6 5 , 5 0 0n o s . a n d2 4 , 8 0 , 0 0 0n o s .r e s p e c t i v e l y . -Al e t t e ro fi n t e n tw a sr e c e i v e df o rt h em a n u f a c t u r eo fa d d i t i o n a l 1 6 5 , 0 0 0e l e m e n t sa n d2 1 5 , 0 0 0d e l i v e r yv a l v e sf o rm e e t i n ge x p o r t o r d e r s . -A l s o ,al e t t e ro fi n t e n tw a sr e c e i v e df o rt h em a n u f a c t u r eo f a d d i t i o n a l1 2 0 , 0 0 , 0 0 0e a c ho fe l e m e n t sa n dd e l i v e r yv a l v e st oc a t e r t os p a r e sm a r k e t . 1 9 8 8 -T h eC o m p a n yw a sa w a r d e dt h es t a t u so fT r a d i n gH o u s e . -I m p r o v e m e n ti nc o m m u n i c a t i o nf a c i l i t i e sh a db e e ne f f e c t e dt h r o u g h m o d e r n i s a t i o no ft e l e p h o n ea n dt e l e xe q u i p m e n t . -A` C o l dS t a r t 'f a c i l i t ye n a b l i n gt e s t i n go fe n g i n ea tt e m p e r a t u r e a sl o wa s2 0 o cw a sa d d e dt ot h eu n i t . T h eC e n t r ew a sa p p o i n t e da sa B o s c hG l o b a lD e v e l o p m e n tC e n t r ew i t ht h eg l o b a lr e s p o n s i b i l i t yf o r d e s i g na n dd e v e l o p m e n to fs m a l ls i n g l ec y l i n d e rp u m p sf o rt h ee n t i r e B o s c hG r o u p . T h ec e n t r eh a da l r e a d yd e v e l o p e dan e wt y p eo f s i n g l e c y l i n d e rp u m pf o rv e h i c u l a ra n ds t a t i o n e r ya p p l i c a t i o n s .
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s i n g l e c y l i n d e rp u m pf o rv e h i c u l a ra n ds t a t i o n e r ya p p l i c a t i o n s . 1 9 8 9 -T h em a r k e tf o rs i n g l e c y l i n d e rp u m pr e m a i n e ds l u g g i s hd u et o s h o r t a g eo fp i gi r o n ,c r e d i ts q u e e z ee t c . 1 9 9 1 -A p p r o v a l sw e r er e c e i v e dt oi n c r e a s ep r o d u c t i o no ff u e li n j e c t i o n e q u i p m e n ta n dp a r t st h e r e o f ,f o rs p a r kp l u g sa tN a g a n a t h a p u r aa n d N o z z l ea tN a s i kf a c t o r y . -T e c h n i c a lc o l l a b o r a t i o na g r e e m e n t sw e r ee n t e r e di n t of o rt h e m a n u f a c t u r eo ff i n eh o r n i n gm a c h i n e sa n ds u p e rf i n i s h i n gm a c h i n e s . 1 9 9 2 -S a l e so ft h eo r i g i n a le q u i p m e n tw e r ea d v e r s e l ya f f e c t e dd u et o r e c e s s i o n a r yt r e n d si nt h ea u t o m o b i l es e c t o r . -T h eC o m p a n yi n t r o d u c e dc e r t a i nn e wi t e m ss u c ha sh a l o g e nb u l b s , i g n i t i o nc e l l s ,h o r n s ,v o l t a g er e g u l a t o r s ,c l u t hp l a t e sa n dc l u t c h c o v e ra s s e m b l i e sf o rt h ea u t o m o b i l es e c t o r . -At e c h n i c a lc o l l a b o r a t i o na g r e e m e n tw a se n t e r e di n t ow i t hW i t z i g a n dF r a n kT u r n a t i cG m b Hf o rt h em e c h a n i c a lm a c h i n i n gs y s t e m s . -A n o t h e ra g r e e m e n tw a se n t e r e di n t ow i t hR o b e r tB o s c hG m b H ,W e s t G e r m a n yf o rt h em a n u f a c t u r eo fb a gf o r mf i l la n ds e a l i n gm a c h i n e sI t w a sa l s op l a n n e dt om a n u f a c t u r ep o r t a b l ee l e c t r i cp o w e rt o o l sw i t h t e c h n i c a lc o l l a b o r a t i o nf r o mR o b e r tB o s c hG m b H . -T h eC o m p a n yw a sa w a r d e dt h eI S O9 0 0 1c e r t i f i c a t i o nb yt h e T e c h n i s c h e rU e b e r w a c h u n g s V e r e i n ,G e r m a n y . 1 9 9 3 -S a l e s ,p a r t i c u l a r l yi nt h ec o m m e r c i a lv e h i c l ea n dt h et r a c t o r s e c t o r sw e r ea f f e c t e dd u et oc o n t i n u e dr e c e s s i o n a r yt r e n d si nt h e a u t o m o b i l ei n d u s t r y . -T h eC o m p a n yi n t r o d u c e dn e wa u t o m o t i v ea c c e s s o r i e ss u c ha s s t o p a n d t a i ll a m p s ,f o gl a m p s ,n e wv a r i e t i e so fh o r n s . -I nt h eA l l I n d i aS k i l l sC o m p e t i t i o nh e l db yt h eG o v e r n m e n to f I n d i a ,t h eM I C OV o c a t i o n a lC e n t r er e c e i v e dt h eB e s tE s t a b l i s h m e n t A w a r df o rt h e1 2 t ht i m e . 1 9 9 4 -M o t o rI n d u s t r i e sS o f t w a r eS e r v i c e sL t d .( M I S S L )a n dM o t o r I n d u s t r i e sT r a d i n gL t d . ( M I T L ) ,w h i c hb e c a m es u b s i d i a r yc o m p a n i e s f r o m2 5 t hJ u l y . 1 9 9 6 -T h eC o m p a n yh a se n t e r e di n t oaM e m o r a n d u mo fU n d e r s t a n d i n gw i t ht h e G o v e r n m e n to fR a j a s t h a nt os e tu pf a c i l i t i e sn e a rJ a i p u rf o rt h e m a n u f a c t u r eo fa u t oa n c i l l a r i e s / a u t oc o m p o n e n t si n c l u d i n gF u e l I n j e c t i o nE q u i p m e n t . -D r .W o l f g a n gH u g oa n dD r .E b e r h a r dB a l t i nr e t i r e df r o mt h eB o a r da s D i r e c t o rw i t he f f e c tf r o m1 7 t hJ u n e . -D r .H e r m a n nE i s e l ew h i l s tc o n t i n u i n go nt h eB o a r d ,c e a s e dt ob e C h a i r m a nf r o m1 8 t hJ u n e ,a n dM r .H u b e r tZ i m m e r e rw a se l e c t e di nh i s s t e a d . T h eB o a r da c k n o w l e d g e st h ec o n t r i b u t i o no fD r .E i s e l ea s C h a i r m a na n dw e l c o m e sM r .Z i m m e r e ra sD i r e c t o ra n dC h a i r m a no ft h e B o a r d . 1 9 9 7 -T h eC o m p a n yl a u n c h e dt h es t a t e o f t h e a r tB l a u p u n k tr a n g eo fc a r a u d i os y s t e m si nJ u n e . -A l lt h et h r e ep l a n t so ft h eC o m p a n ya tB a n g a l o r e ,N a s h i ka n d N a g a n a t h a p u r ah a v eb e e na w a r d e dt h eQ S9 0 0 0c e r t i f i c a t eb yT U V , E s s e n . -D r .H .B e r t l i n gw a sr e d e s i g n a t e da sM a n a g i n gD i r e c t o ra n dM r . J . L . P a s r i c h aa n dM r .D .S c h a l o m o nw e r er e d e s i g n a t e da sJ o i n tM a n a g i n g D i r e c t o r sw i t he f f e c tf r o m1 9 t hS e p t e m b e r . 1 9 9 8 -T h eC o m p a n yh a sb e c o m eam a r k e tl e a d e rf o rE l e c t r i c a lP o w e rT o o l s a n da c c e s s o r i e s .
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Bosch > Company History > Auto Ancillaries > Company History of Bosch - BSE: 500530, NSE: BOSCHLTD
-I n1 9 9 7a n d1 9 9 8 ,t h r e ea p p r e n t i c e st r a i n e da tt h eN a s h i kp l a n tw o n s i l v e rm e d a l sa tt h eR e g i o n a lS k i l l sc o m p e t i t i o n . 1 9 9 9 -T h eC o m p a n yi sp r o p o s e dt or e v i v et h eo f f e rf o rb u yb a c ko fu pt o 2 0 0 , 0 0 0N o .o fe q u i t ys h a r e sa tR s .4 , 2 0 0p e re q u i t ys h a r e . -D r .H .E i s e l er e t i r e df r o mt h eB o a r dw i t he f f e c tf r o m2 4 t hJ u n e . -T h ea p p o i n t m e n to fM r .N o b i sa sJ o i n tM a n a g i n gD i r e c t o rf r o m1 7 t h D e c e m b e r . 2 0 0 0 -A n d r e a sN o b i sh a sb e e na p p o i n t e da st h en e wM a n a g i n gD i r e c t o ro f M o t o rI n d u s t r i e sC o .L t d .w i t he f f e c tf r o m1 s tJ u l y . -D u et oad e p r e c s s i o ni nt h ea u t o m o b i l es e c t o r ,M I C Oi si n t r o d u c i n g af i v e d a yw o r k i n gw e e ki ni t sp l a n t ,w i t ht h ed r o pi ns a l e st o o r i g i n a le q u i p m e n tm a n u f a c t u r e r s . -T h eC o m p a n yh a sd e c i d e dt oi n t r o d u c eaf i v e d a yw o r k i n gw e e ki ni t s B a n g a l o r ep l a n tw i t hi m m e d i a t ee f f e c t ,d u et ol o wd e m a n df r o mi t s c u s t o m e r si nt h et r a c t o ra n dc o m m e r c i a lv e h i c l ei n d u s t r y . -M o t o rI n d u s t r i e sC o .( M I C O )h a sr e c e i v e dt h ea p p r o v a lo f s h a r e h o l d e r st ob u y b a c ku p t o2l a k hs h a r e sf r o mt h ee x i s t i n g s h a r e h o l d e r s . -T h eC o m p a n yh a sa p p r o v e da n dr e c o m m e n d e dt os h a r e h o l d e r sf o rt h e i r a p p r o v a lt ob u y b a c ku pt o2 , 0 0 , 0 0 0N o .o fe q u i t ys h a r e so ft h e c o m p a n yf r o me x i s t i n gs h a r e h o l d e r so nap r o p o r t i o n a t eb a s i st h r o u g h T e n d e ro f f e ro rf r o mt h eo p e nm a r k e ta g g r e g a t en o te x c e e d i n g5 . 5 5 %o f t h ee x i s t i n gp a i d u pe q u i t yc a p i t a lo ft h ec o m p a n yt ob ef i n a n c e do u t o ft h ef r e er e s e r v e so ft h ec o m p a n y ,a tam a x i m u mp r i c en o te x c e e d i n g R s .4 0 0 0 / -p e re q u i t ys h a r e ss u c ht h a tt h ea g g r e g a t ec o n s i d e r a t i o nf o r t h es h a r e sb o u g h tb a c kd on o te x c e e d2 5 %o ft h ec a p i t a la n df r e e r e s e r v e so ft h ec o m p a n y . -ML a k s h m i n a r y a nh a sb e e na p p o i n t e da st h en e wj o i n tm a n a g i n g d i r e c t o ro fM i c ow i t he f f e c tf r o m1 s tO c t o b e r . -T h eC o m p a n yh a sf i x e dt h ep r i c ef o rb u y b a c ko fe q u i t ys h a r e so ft h e c o m p a n ya tR s .3 8 0 0 / -p e re q u i t ys h a r e s . 2 0 0 1 -M I C O ,t h ea u t o m o t i v ea n c i l l a r yc o m p a n y ,h a sd e c i d e dt os u s p e n dw o r k f o rf i v ed a y sf r o mJ u n e1 8 .T h ec o m p a n y ,i na no f f i c i a la n n o u n c e m e n t o nJ u n e1 3 ,s a i dt h ea d v e r s eb u s i n e s ss i t u a t i o na n dc u r t a i l m e n to f o r d e r sb yc u s t o m e r sh a dn e c e s s i t a t e dt h i ss t e p . 2 0 0 2 M o t o rI n d u s t r i e sC o m p a n yL t d . ,h a sp o s t p o n e di t si n v e s t m e n tw o r t h R s . 2 5 0 c rb e c a u s eo fd e l a yi ni m p l e m e n t i n gE u r oI Ie m i s s i o nn o r m si n t h ec o u n t r y . M I C Oh a sc o m p l e t e di t sb u y b a c kp r o g r a m m eo f2 0 0 , 0 0 0e q u i t y s h a r e s f o rt h et o t a lc o s to fR s . 5 0 c r . M I C OL a u n c h e dI n d i a ' sf i r s tB o s c hC a rS e r v i c e sW o r k s h o p ( B C S W )i n D e l h ia n dh a s e n t e r e di n t oc a rs e r v i c i n gb u s i n e s s . N e a r l y5 %o fM I C O ' sw o r k f o r c eo p t e df o ra ne a r l yv o l u n t a r y r e t i r e m e n ts c h e m e . M o t o rI n d u s t r i e sC o m p a n yL t dh a sl a u n c h e dn e wr a n g eo fp r o d u c t s c o n s i s t i n go fi n c a rm u l t i m e d i as y s t e m s ,t h eS a nF r a n s i s c oC D 7 0 , i n c a rM P 3p l a y e ra n dv e l o c i t yr a n g eo fa m p l i f i e r s , s p e a k e r sa n d s u b w o o f e r s . T h eI n d u s t r i a lE q u i p m e n tD i v i s i o n ,M I C O B o s c hD i v i s i o nh a sd e v e l o p e d e n d u r a n c et e s t i n ge q u i p m e n tf o rT i m k e n . M I C OL t dh a si n f o r m e dB S Et h a tt h eM I C OB a n g a l o r eP l a n tw i l lh a v ea 5 d a y w o r k i n gw e e k . 2 0 0 3 M I C OB o a r dh a sa p p o i n t e dD r . A l b e r tH i e r o n i m u sa sA d d i t i o n a lD i r e c t o r a n dM a n a g i n gD i r e c t o ro ft h ec o m p a n y . M i c oE m p l o y e e sA s s o c i a t i o nh a sg o n eo na ni n d e f i n i t es t r i k ef o ra n i n c o n c l u s i v et a l k s w i t ht h em a n a g e m e n t .
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M o t o rI n d u s t r i e sC o m p a n yL t dh a si n f o r m e dt h a tC o m p a n y ' sS p a r kP l u g
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Bosch > Company History > Auto Ancillaries > Company History of Bosch - BSE: 500530, NSE: BOSCHLTD
M o t o rI n d u s t r i e sC o m p a n yL t dh a si n f o r m e dt h a tC o m p a n y ' sS p a r kP l u g m a n u f a c t u r i n g a c t i v i t i ya tN a g a n a t h a p u r aw o r k sh a sb e e n d i s c o n t i n u e d . B o s c hS e c u r i t yS y s t e m sl a u n c h e dN e t w o r kV i d e oS o l u t i o n s ,aV i d e o S o l u t i o n s ,av i d e os u r v e i l l a n c es y s t e mt h a ta l l o w sr e m o t em o n i t o r i n g o v e rI P( I n t e r n e tP r o t o c o l )n e t w o r k s . 2 0 0 4 B o s c hr o l l so u tn e ws u r v e i l l a n c es y s t e m B o s c hb e g i n sa s s e m b l i n gu s e r s p e c i f i ct o o l si nB a n g a l o r e B o s c hd e c l a r e da sb e s ts t a l li nB a n g a l o r e ' sI T . C o m
2 0 0 5 -B o s c hm o v e sp r o d u c t i o no fk e yp r o d u c t st oM I C Op l a n t si nI n d i a M i c ol a u n c h e s3 0m i l l i o n t hP Fp u m p M I C O&B o s c hf o r mj o i n tv e n t u r ew i t hM A N N + H U M M E Lf o rf i l t e r p r o d u c t i o n O v e r d r i v e A u t oM o n i t o rA w a r d A u t oc o m p o n e n tm a n u f a c t u r e ro ft h e y e a r 2 0 0 6 A l ln e wM I C Op r o d u c t st ob r i n gu n d e rB o s c hb r a n d M I C O B o s c ht op r o v i d eC R D is y s t e m st oS u z u k i M I C Ot ol a u n c hC R D ii ne a r l y2 0 0 7 N D T VP r o f i tC a rI n d i aA w a r d S a f e t y&T e c h n o l o g yA w a r d M I C Or e c e i v e ss t a rp e r f o r m e ra w a r dE E P CA w a r d S t a rP e r f o r m e rf o r o u t s t a n d i n ge x p o r tp e r f o r m a n c e 2 0 0 7 B o s c ha c q u i r e s9 . 2 p cm o r es t a k ei nM i c o C N B C T V 1 8A u t o c a rA u t oA w a r d A u t oC o m p o n e n tm a n u f a c t u r e ro ft h e y e a r N D T VP r o f i tC a r&B i k eA w a r d2 0 0 7 A u t o m o t i v eT e c h n o l o g yo ft h e y e a r ' 2 0 0 8 -C o m p a n yn a m eh a sb e e nc h a n g e df r o mM o t o rI n d u s t r i e sC o m p a n yL t dt o B o s c hL t d . B u s i n e s sS t a n d a r dA w a r d S t a rM N Co ft h ey e a r 2 0 0 9 D H L-C N B CT V 1 8I n t e r n a t i o n a lT r a d eA w a r dB o s c hw o nt h i sh o n o ri n t h ec a t e g o r yo fa u t oc o m p o n e n ti n d u s t r y ,f o rd o i n ge x t r e m e l yw e l li n e x p o r t st h r o u g hi t sl o w c o s ts o l u t i o n s .T h ea w a r dr e c o g n i z e st h e c o m p a n y sc o m m i t m e n ta n di n n o v a t i o n st h a ta d d r e s st h en e e d so ft h e I n d i a nm a r k e t ,a n dk e e pB r a n dI n d i aa l i v e . U T V iA u t o c a rA w a r d B o s c ha n dM a h i n d r a&M a h i n d r aw o nt h e B e s tI n n o v a t i o no ft h eY e a r U T V iA u t o c a rA w a r d .T h ea w a r dr e c o g n i z e sB o s c hi n n o v a t i o ns t a r t / s t o p s y s t e mw h i c hc o n t r i b u t e st of u e le f f i c i e n c ya tav e r yr e a s o n a b l e c o s t .T h eM a h i n d r aB o l e r oM i c r oH y b r i di st h ef i r s tv e h i c l ei nI n d i a t oi n t e g r a t et h i st e c h n o l o g yi nt h e i rn e wc a r 2 0 1 0 N D T VC a r&B i k eA w a r d- A u t o m o t i v et e c h n o l o g yo ft h ey e a r T h i sa c c o l a d er e c o g n i z e st h ec o n t r i b u t i o n sm a d eb yB o s c hi nI n d i a , f o rl o c a l i z i n gA B S( A n t i l o c kB r a k i n gS y s t e m )p r o d u c t i o n .B o s c hi st h e o n l ya u t o m o t i v es u p p l i e rt om a n u f a c t u r eA B Si nI n d i af o rp a s s e n g e r c a r sa n dl i g h tc o m m e r c i a lv e h i c l e s .A B Si sc r u c i a lt os a f e t yw h i l e d r i v i n g ,a si tm a k e sb r a k i n gs a f e r ,b yp r e v e n t i n gt h ew h e e l sf r o m l o c k i n g . 2 0 1 1 B o s c hW i n s C a r&B i k e A w a r d2 0 1 1 2 0 1 2 B o s c hL i m i t e dw i n sC a r&B i k eA w a r d2 0 1 2
Source : Dion Global Solutions Limited
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