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Bosch Limited registers 8.6 percent growth

By Niranjan Mudholkar,

Added 12 August 2016

Net sales and income from operations grew by 8.6 percent in Q1

"Bosch Limited has registered a healthy topline growth in the quarter ended in June 2016. Although the development of the local automotive market remained subdued, we continue to invest in infrastructure and technology. We are working closely with our customers for the introduction of BS6 emission norms by 2020 and have the right products and experience to contribute towards meeting the emission standards," said Dr. Steffen Berns, MD, Bosch Limited. 

"We welcome the passage of the GST (Goods and Service Tax) Amendment Bill, which we expect to lead to a big boost for the Indian economy. Our IT systems have already been upgraded and are GST compliant. We are also optimizing our supply chain and logistics to benefit from the introduction of GST," said Dr. Berns.

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