Bosch Q4 Profit Slumps 19%
  • Elizabeth George
  • Mar 03 2014

March 3: Auto components major Bosch recorded a profit slump in their fourth quarter on the back of slow demand in the Indian market. The company has announced a new non-automotive division focused on energy and power, which is expected to drive numbers. Bosch will also be focusing on exports to counter the slowdown even as they plan heavy investments in India.