Bosch plans to invest 400 crore in its chennai plant Tuesday July 21,2015

 

Home appliances major Bosch plans to invest Rs.400 crore in its Chennai facility, which currently manufactures washing machines. 

“We have an investment plan of around Rs.400 crore for our facility in Chennai. Currently, front-loading washing machines are manufactured at the facility. And, it has a capacity to produce over 300,000 units a year. We now plan to utilise the entire plant to manufacture other products,” 

Bosch is planning a major investment in its Chennai facility, Head, Brand (Stores), V. Ranjith Nair, said