Bosch Limited (BOSCHLTD)
Press Release
Bosch Limited, Brakes India Private Limited, and Wheels India Limited announce a 50:50 joint venture to develop e-enabled air systems for commercial vehicles. Operations expected to start by end-2026 after regulatory approvals. The JV will focus on engineering, manufacturing, and sales of electronically controlled air compression, processing, suspension, and parking brake modules. The partnership aims to enhance Bosch's commercial vehicle portfolio with software-driven mobility solutions and support industry shift to advanced air systems.
Source: Original filing PDF
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