Bengaluru, India – Bosch Power Tools India, a leading provider of power tools for the construction, woodworking, and metalworking sectors, is delighted to declare the celebration of its 30 years of operations in India. Since its establishment in 1993, the division has become one of the leading suppliers of power tools and accessories in the country with a strong focus on the establishment of top-tier manufacturing.
Bosch Power Tools is committed to captivating users with world-class products while prioritizing their health and safety. Over the span of 30 years, the company has expanded its reach, establishing a presence in over 600+ districts across the country. In 2022, Bosch Power Tools successfully extended its footprint to encompass tier 2 and 3 cities in India, resulting in a remarkable double digit growth rate. Bosch Power Tools India aims to contribute to the Indian infrastructure sector’s impressive growth trajectory.
“We are incredibly proud to celebrate three decades of growth, innovation, and customer service in India, ” said Nishant Sinha, Regional Business Director, Bosch Power Tools India & SAARC. “As we reflect on our journey, we are reminded of the trust and support our customers have placed in us. With a focus on sustainability, digitalization, and innovation, we look forward to serving our customers in India for many years to come, while continually pushing the boundaries of what's possible in the power tools industry.”
A decade after its inception the company achieved a significant milestone by selling 1 Lakh tools in India. The following year, it recorded a turnover of INR 100 crores.
In 2016, the company also inaugurated its state-of-the-art manufacturing plant located in Oragadam, Chennai, Tamil Nadu. The plant, which boasts a 100% female workforce on the assembly lines, exemplifies Bosch's commitment to diversity and inclusion in its operations. The power tools plant in Chennai has emerged as a vital supplier of power tools in India, both in terms of value and volume. Furthermore, between 2016 and 2018, Bosch Power Tools received the prestigious Plant Excellence Award, further affirming its dedication to manufacturing excellence.
These achievements contributed to a remarkable milestone for Bosch Power Tools in 2018. Additionally, in 2020, the plant proudly celebrated the production of its 10-millionth power tool. Bosch Power Tools’ momentum continues into a new year, with the introduction of the GWS 800 Professional, a professional angle grinder, it achieved a localization share of over 50% in India.
The company has demonstrated its customer-centric approach and engineering and manufacturing progress over the past three decades. Bosch Power Tools India continues to invest in the country and is dedicated to being a partner its customers can rely upon. The company's 30th anniversary represents a significant milestone in its journey, and it remains committed to maintaining its position as a leading provider of power tools in India.
Contact person for press inquiries:
Aakanksha Ahlawat
Aakanksha.Ahlawat@in.bosch.com
About Bosch Professional
At Bosch Professional, we draw on decades of expertise to design solutions that make hard work easier for professionals in trade and industry. As one of the world’s leading manufacturers of power tools, measuring tools and accessories, we believe that the best products are designed not only for the work, but also for the worker. From compact 18V cordless powerhouses to the disruptive X-LOCK quick-change system for grinders to the tough intelligence of our measuring tools, we are relentless about delivering innovations that combine simplification and health – so that tradespeople enjoy higher levels of productivity, affordability, and accessibility. With unmatched technological expertise and the impetus to invent for life, we are dedicated to inventing new ways to make hard work faster, safer, easier.
About Bosch in India
In India, Bosch is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end-to-end engineering and technology solutions. The Bosch Group operates in India through twelve companies: Bosch Limited – the flagship company of the Bosch Group in India – Bosch Chassis Systems India Private Limited, Bosch Rexroth (India) Private Limited, Bosch Global Software Technologies, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering Private Limited, Automobility Services and Solutions Private Limited, Newtech Filter India Private Limited and Mivin Engg.Technologies Private Limited. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 16 manufacturing sites, and seven development and application centers. The Bosch Group in India employs over 38,700 associates and generated consolidated sales of about Rs. 30,368 crores (3.7 billion euros) in fiscal year 2022-23 of which Rs. 18,945 crores (2.3 billion euros) are from consolidated sales to third parties. Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over Rs. 14,929 crores (1.67 billion euros) in fiscal year 2022-23.
Additional information can be accessed at www.bosch.in
The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a leading IoT provider, Bosch offers innovative solutions for smart homes, Industry 4.0, and connected mobility. Bosch is pursuing a vision of mobility that is sustainable, safe, and exciting. It uses its expertise in sensor technology, software, and services, as well as its own IoT cloud, to offer its customers connected, cross-domain solutions from a single source. The Bosch Group’s strategic objective is to facilitate connected living with products and solutions that either contain artificial intelligence (AI) or have been developed or manufactured with its help. Bosch improves quality of life worldwide with products and services that are innovative and spark enthusiasm. In short, Bosch creates technology that is “Invented for life.” The Bosch Group comprises Robert Bosch GmbH and its roughly 470 subsidiary and regional companies in over 60 countries. Including sales and service partners, Bosch’s global manufacturing, engineering, and sales network covers nearly every country in the world. With its more than 400 locations worldwide, the Bosch Group has been carbon neutral since the first quarter of 2020. The basis for the company’s future growth is its innovative strength. At 136 locations across the globe, Bosch employs some 85,500 associates in research and development, of which nearly 44,000 are software engineers.
The company was set up in Stuttgart in 1886 by Robert Bosch (1861–1942) as “Workshop for Precision Mechanics and Electrical Engineering.” The special ownership structure of Robert Bosch GmbH guarantees the entrepreneurial freedom of the Bosch Group, making it possible for the company to plan over the long term and to undertake significant upfront investments in the safeguarding of its future. Ninety-four percent of the share capital of Robert Bosch GmbH is held by Robert Bosch Stiftung GmbH, a charitable foundation. The remaining shares are held by Robert Bosch GmbH and by a corporation owned by the Bosch family. The majority of voting rights are held by Robert Bosch Industrietreuhand KG, an industrial trust. The entrepreneurial ownership functions are carried out by the trust.
Additional information is available online at www.bosch.com, www.iot.bosch.com, www.bosch-press.com, www.twitter.com/BoschPress
