BUSINESS

Bosch plans investment in MICO

BANGALORE DEC. 4. Robert Bosch Gmbh, German auto component maker, would take a decision early next year, on manufacturing its state-of-the art common rail fuel injection systems in India, a top company official said here on Thursday.

The electronically controlled common rail system is replacing the older mechanical shaft driven fuel injection pumps, improving fuel efficiency and life of diesel engines. Bosch would decide on setting up the manufacturing plant, in the first quarter of next year (calendar), said Albert Hieronimus, Managing Director, MICO, a Bosch group company.

Mr. Hieronimus was speaking at a function to mark the delivery of the 10 millionth conventional fuel injection pump made by MICO. The pump was handed over to R. Seshasayee, Managing Director, Ashok Leyland. The decision to make them here would mean investment of `millions of euros', he said. MICO's Jaipur plant would double the capacity to two lakh units, in two years, he said.

Recommended for you