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Construction : What's up | June 2016 | Source : Equipment India

Bosch to invest Rs 770 cr

Bosch reported a 23.2 per cent increase in net profit at Rs 1,245 crore for the financial year 2016, and 9.5 per cent increase in revenue at Rs 10 crore, on rising demand for its products. This year, Bosch plans to invest Rs 770 crore in its plants at Bidadi and Nashik for common rail pumps and injectors, and in Bengaluru for its research and development technology centre.
 
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