Mumbai: With the government announcing its plan to introduce BS-VI by 2020 year According to the emission standards, Robert Bosch GmbH, the world’s largest automotive component supplier, has begun talks with Indian carmakers to provide affordable local solutions for the Indian market.

“Obviously, four years (to migrate to Bharara Stage-VI) is a very tight timeframe, so we need to work with the OEMs In order to overcome the challenges, we plan to add the right amount of resources to make this happen.” Robert quoted Markus Hein, a member of the Bosch Board of Management:

“So far we have been providing solutions to India and addressing the BS-VI He said that the solutions are full of confidence and positive attitude.

The Bosch Group plans to invest Rs. 10,000 crore (RD) in 2016 2016 1.017 in India in factories, production capacity, infrastructure and research and development, focusing on the development of solutions that are compliant with future laws and regulations.

The German company has invested Rs 3 billion in India over the last few years despite the overall market remaining sluggish. This is due to unprecedented opportunities for engineering and technology companies, says Hein. “If you are an engineering company, the future is bright,” he said.

Bosch is changing its image as a high-cost, high-tech company for entry-level cars and the Tata Nano Waiting for four-wheelers to develop cost-effective solutions.

BS-VI Euroo is equivalent to Europe’s current emission standards 6. but India will have to achieve in 4 years what Europe has achieved in 10 years. BS-VI standards are yet to be implemented across the country and the automobile industry must now skip a step and move to BS-VI standards.

Automakers are concerned that this migration will lead to an 8-15% increase in vehicle prices, but Bosch is confident that it has a smart and affordable solution for the Indian market.

Compared to Europe, when new emission standards were proposed, prices remained relatively unchanged, although everyone expected prices to go up, Hein said.

Is it the same in India? Where do you need to relocate to urgently? “It is possible. I think it depends on the situation. It’s too early to make any promises,” Hein said.

He said he would need “multiple solutions, not just one solution” to meet the new emissions standards.

India is one of the bright spots in the global automotive market downturn and one of Bosch’s fastest-growing markets. “Strategically, our view of India has never changed,” Hein said.