INTERVIEW-Bosch to continue ramp up, boost R&D despite challenges

Newswire

* To invest 6 bln rupees on expansion this year * Plans to boost R&D spends, staff * Has cash worth 30 bln rupees on books By Aniruddha Basu MUMBAI, Aug 5 (Reuters) - Auto parts maker Bosch Ltd expects a challenging fiscal second half but is still investing heavily in research and development as well as capacity ramp up across its five manufacturing units in India, a top official said. The firm, an unit of the German Bosch group, is the largest Indian auto parts maker by market ...

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