Robert Bosch GmbH Chairman Stefan Hartung on Thursday described India as a “pillar of stability” for the group, as the industrial major acknowledged a delay in its global profitability targets and ongoing workforce restructuring. Speaking at the company’s annual media briefing, Hartung said India remains a large market and one of the few globally that continues to expand, with growth expected to persist in the years ahead.
On headcount, Bosch confirmed planned job reductions of approximately 13,000 within its Mobility business sector by 2030, announced in September 2025, with broader reductions across Germany potentially pushing the total beyond 20,000 when earlier rounds are included. The group employed approximately 412,400 associates as of end-2025, around 5,400 fewer than the prior year, with the sharpest decline in Germany, where headcount fell by around 6,500.
Bosch accelerating India commitment
Against that backdrop, Bosch is accelerating its Indian commitment. In late March 2026, the company formalised a 50:50 joint venture with Tata AutoComp Systems, headquartered in Pune, to engineer, manufacture and supply e-axle systems and electric traction motors for the Indian market.
Operations are expected to commence by mid-2026, subject to regulatory clearances. Bosch intends to deliver 7 million electric driving solutions globally in 2026, with India’s electric two-wheeler and passenger vehicle segments cited as primary growth contributors.
Hartung said India remains on track for high single-digit revenue growth in 2026, a marked contrast to the “subdued” momentum in Germany and the broader European Union. The Asia-Pacific region, led by India and the Americas, grew 5.6 percent on an exchange-rate adjusted basis in 2025, outpacing Europe’s 1.5 per cent, he said.
Hartung cited India’s emergence as the world’s third-largest automotive market as a strategic rationale for deepening local research and manufacturing capacity under the group’s Vision 2030 plan. The company said it intends to deliver 7 million solutions for electric driving globally in 2026, with a growing share directed at India’s electric two-wheeler and passenger vehicle segments.
Beyond mobility, Bosch is projecting double-digit growth potential in India’s building technology and power tools segments, anchored by government infrastructure spending on metros, airports and smart city projects. Premium home appliances are also expected to see growth domestically even as global consumer demand remains cautious.
Bosch India Q4 results due April 28
On the listed entity’s performance, Bosch Limited is scheduled to release audited Q4 FY26 and full-year financial results on April 28, 2026. Analyst consensus estimates point to quarterly revenue of ₹4,500–4,700 crore, net profit of ₹560–620 crore, and operating margins of 16–17 percent. For the full year FY25, the company reported revenue from operations of ₹18,087 crore, an 8.1 per cent increase year-on-year.
The investor conference call held on April 13 flagged advanced discussions with multiple original equipment manufacturers for e-axle supply, and set 2030 as the commercialisation horizon for hydrogen fuel cell technology. Management guided for FY26 to be a record year for the Indian automotive industry across passenger vehicles, tractors and two-wheelers.
Published on April 17, 2026