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    Home - LATEST NEWS - Bosch Power Tools Celebrates the Roll-Out of 5 Millionth Power Tool as Part of Its Make-in-India Initiative
    LATEST NEWS

    Bosch Power Tools Celebrates the Roll-Out of 5 Millionth Power Tool as Part of Its Make-in-India Initiative

    MTWBy MTWMarch 22, 2017No Comments51 Views
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    Bosch Power Tools
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    • The plant produces 5 millionth power tool from its Chennai facility
    • It is the 15th manufacturing facility of Bosch Power Tools in India
    • It has a capacity of producing over 2 million power Tools every year

    Bosch Power Tools India, that offers a complete range of power tools for construction, woodworking and metalworking industry, has announced the roll out of 5 Millionth Power Tools from the plant located in Oragadam, Chennai, Tamil Nadu. This manufacturing facility is spread over two acres with a capacity of producing 2 million power Tools every year. This plant is the 1st manufacturing facility of Bosch Power Tools in India. It manufactures products such as angle grinders, impact and rotary drills, rotary hammers, marble cutters, air blowers including motors for all the tools.

    The facility started in mid-2015 and manufactures more than 60 specific power tools including eight types of power tools for artisans and tradesmen. The facility is part of the Make-in-India programme announced by the government to boost manufacturing.

    Commenting on this milestone, Panish PK, Regional Sales Director and Business Head – India and SAARC – Bosch Power Tools, said, “This rollout of our 5 millionth Power Tools marks an important milestone in our journey over the past 14 years. India is not only the fastest growing economy in the world, but also one of the most important and fastest growing markets for Bosch Power Tools globally.“ He further added, “We thank our valued customers, business partners, and all our colleagues at Bosch Power Tools for this remarkable feat.“

    About Power Tools:

    The Power Tools Division of the Bosch Group is one of the world’s leading providers for power tools, power tool accessories and measuring tools. In 2015, its roughly 20,000 associates generated sales of 4.5 billion euros, about 85 percent of which outside of Germany. With brands such as Bosch, Skil and Dremel, the division stands for customer focus and great engineering progress. The core success factors are innovative strength and pace of innovation. The division generated about one third of its sales in 2015 with products that have been on the market for less than two years. In 2017, Bosch Power Tools will again launch more than 100 new products onto the German market in its four business segments power tools, accessories, measuring tools and garden tools.

    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 nine companies, viz, Bosch Limited, Bosch Chassis Systems India Limited, Bosch Rexroth India Limited, Bosch Engineering and Business Solutions Private Limited, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Ltd. and Robert Bosch Automotive Steering India Pvt. Ltd. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 15 manufacturing sites, and seven development and application centers. Bosch Group in India employs over 30,000 associates and generated consolidated revenue of about ₨.17,022 crores in 2015 of which ₨. 12,100 crores from third party. The Group in India has close to 14,000 research and development associates.

    In India, Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over ₨. 10,415 crores (1.4 billion euros) in 2015-16. Additional information can be accessed at www.boschindia.com

    About Bosch Group

    The Bosch Group is a leading global supplier of technology and services. It employs roughly 375,000 associates worldwide. The company generated sales of 70.6 billion euros in 2015. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Bosch Group comprises Robert Bosch GmbH and its roughly 440 subsidiaries and regional companies in some 60 countries. Including sales and service partners, Bosch’s global manufacturing and sales network covers some 150 countries. The basis for the company’s future growth is its innovative strength. Bosch employs 55,800 associates in research and development at 118 locations across the globe. The Bosch Group’s strategic objective is to deliver innovations for a connected life. 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.

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