Bengaluru, India – Bosch Limited, the flagship company of the Bosch Group in India intends to significantly enhance its portfolio by acquiring the Vehicle Motion business. The company plans to acquire 100 percent of Bosch Chassis Systems India Private Limited, through a cash deal and issuance of equity shares on apreferential basis.
This development positions Bosch Limited with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of India’s automotive sector. The transaction will strengthen Bosch Limited’s capabilities enabling it to further invest in critical domains like safety and braking over and above its strong footprint in power solutions.
Bosch Chassis Systems India Private Limited represents the business of Bosch’s Vehicle Motion division in India and is one of the market leaders in automotive safety systems. Its offerings include active safety (antilock braking system, electronic stability control, and new braking systems), passive safety (airbag ECU and sensors) and actuation braking systems for passenger cars, two-wheelers, and commercial vehicles.
“Adding Bosch Chassis Systems India Private Limited, with a future-fit vehicle motion solutions business into Bosch Limited, demonstrates our organisational belief in enhancing the company’s growth trajectory through portfolio diversification. This transaction further solidifies our leadership presence within mobility, enabling us to utilize our strengths and deliver solutions backed by local research and development and local manufacturing.” says Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited.
Post acquisition, Bosch Chassis Systems India Private Limited will continue to operate as an independent entity with its governance being driven by Bosch Limited.
“In India, we expect the mobility landscape to evolve radically by 2030 and beyond with sustainable, safe and exciting technologies. To foster a customer-first mindset and pivot from supplying individual components to delivering future-ready platform solutions, it is imperative to unite our forces and adopt an integrated approach. This transaction empowers Bosch Limited to drive growth with a wider portfolio and combined offerings across the mobility tech stack.” says Sandeep Nelamangala, Joint Managing Director, Bosch Limited, and President, Bosch Mobility India.
This portfolio realignment creates and enhances long-term value for Bosch Limited, reinforcing the company’s vision to be the preferred mobility partner for its customers across vehicle systems, software, and hardware, while being the leading technology provider for all mobility solutions.
The boards of the Bosch Group, Bosch Limited, and Bosch Chassis Systems India Private Limited have approved these transactions. It is now subject to approval from Bosch Limited shareholders. Post this approval, Bosch Chassis Systems India Private Limited will become a 100 percent subsidiary of Bosch Limited.
