Bosch to invest Rs 140 cr to set up R&D centre

摘要

Bosch Ltd., an auto ancillary maker has posted an increase of 32.99 per cent in net profit for the quarter ended in June, with earnings of Rs 278.93 crore. Bosch Ltd, the Indian arm, manufactures spark plugs, generator starters and alternators for the automotive sector and exports to other group firms as well. In the same period last year the net profit clocked in was Rs 209.73 crore.