Bosch Limited to acquire Bosch Chassis Systems India for $1.09B

Company Description

Bosch Chassis Systems India is a manufacturer of automotive braking systems and safety components for the Indian market.

Summary

Bosch Limited has approved the acquisition of a 100% stake in Bosch Chassis Systems India (BCSI) from its parent company, Robert Bosch, for ₹9,068.68 crore (approximately $1.09 billion). The strategic move aims to consolidate Bosch's mobility and vehicle motion business in India, specifically enhancing its portfolio in safety and braking systems.

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