Despite global headwinds and geopolitical uncertainty, Bosch remains cautiously optimistic on India, said Guruprasad Mudlapur, as the company posted a Q4FY26 net profit of ₹568.6 crore and revenue of ₹5,566 crore. Mudlapur said India continues to remain one of the fastest-growing economies globally, though rising trade tensions, currency volatility, and the Middle East crisis could impact the broader auto sector.

Bosch said it is tightening cost controls, deepening localisation, and strengthening supply-chain safeguards amid growing global uncertainty.

Explaining the headwinds, Mudlapur said the company sees intense competition from China, which has built significant excess manufacturing capacities across several sectors and products.

Bosch Limited, the Indian arm of German engineering and technology company Robert Bosch GmbH, reported a 2.7 per cent year-on-year increase in net profit to ₹568.6 crore in the fourth quarter of FY26, compared with ₹553.6 crore in the corresponding quarter last year. Revenue from operations stood at ₹5,566 crore (520 million euros) in Q4FY26, up 13.3 per cent from the year-ago period.

“So, there is a lot of competition coming in from that angle. We have also seen the Indian rupee depreciate significantly over the last year and a half. This creates an overall unstable environment for businesses,” said Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director, Bosch Limited.

He added that currency fluctuations, rupee depreciation, and broader economic stress have created an unfavourable business environment. “This is not something new, and the economy has navigated it reasonably well over the last one-and-a-half years. But with the additional factor of the Gulf War and the Middle East crisis, the situation is becoming more complicated,” he said.

Mudlapur also highlighted Bosch Group’s continued focus on investments and innovation. “Overall, €7.9 billion was spent on R&D, which is among the highest for a group of our size in the automotive space. An R&D ratio of 8.7 per cent is quite high for the auto sector,” he said, adding that the company continues to invest heavily to secure future growth.

On the global outlook, Mudlapur said growth is expected to remain moderate, with Asia-Pacific emerging as the strongest growth region for the group. “Asia-Pacific’s role in the Bosch world is increasing constantly, and its share of business is also growing,” he said.

He added that the Americas are witnessing growth driven largely by AI-led investments and localisation policies, while Europe, Bosch’s largest region globall, has remained subdued over the last two years but is expected to recover gradually.

Published on May 21, 2026