Bosch Limited has reported a total revenue of INR 31.09 billion from operations in the third quarter of fiscal year 2021–22, a 2.6 percent rise compared to same period last year. Given that India's overall automotive market output (excluding 2W) fell by 12 percent, the increase is attributed to growth in the aftermarket industry.

Profit before tax was INR 3.36 billion, or 10.8 percent of total revenue from operations. Profit after tax was INR 2.35 billion, accounting for 7.6 percent of revenue from operations. The company said that product sales increased by 3.6 percent in the third quarter of FY 2021–2022, with the aftermarket division seeing a 29 percent increase due to high demand for diesel products and changes in the supply chain strategy.

The company also reported an 11 percent increase outside of the mobility solutions business sector, which was primarily due to business growth in the building technologies division, according to the company.

Soumitra Bhattacharya, Managing Director, Bosch Limited and President, Bosch Group India, said, "Bosch’s 100-year journey in India is not just heritage but a significant landmark, which has punctuated several path-breaking milestones and achievements aligned with ‘Make in India.’ Over the past decade, we have invested more than INR 8,000 crores in India. Bosch India will continue its contribution to building an Atmanirbhar Bharat through an investment of over INR 1,000 crores for the localisation of advanced automotive technologies in the next five years. An additional INR 1,000 crores will be put into expanding digital platforms like Mobility Marketplace and Mobility Could Platform." 

"The new initiatives announced at the Union Budget 2022 come as an impetus to boosting the EV ecosystem in India through the development of special mobility zones with zero fossil fuel policy and battery swapping technology. The government’s plans to promote electrification in pursuit of incurring required capex in this domain will spur a robust ecosystem for electric vehicles in India." Battacharya added. (MT)

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Carraro India, a subsidiary of the Italian group Carraro, has inaugurated its first authorised service centre in Faridabad, Haryana. This facility is the first of four centres the company plans to establish across India by 2026 to support its expansion in the off-highway vehicle market.

The centre is operated in partnership with Balaji Enterprises and will provide maintenance for driveline systems, including axles and transmissions used in agricultural and construction machinery.

The facility is equipped with diagnostic tools and a stock of genuine spare parts to ensure the repair of equipment. It aims to serve customers in Northern India, reducing downtime for fleet operators and farmers. Carraro India currently operates manufacturing plants in Pune and produces driveline solutions for several original equipment manufacturers (OEMs).

The inauguration in Faridabad marks the start of a network growth strategy. Carraro intends to open three additional centres in locations with high concentrations of off-highway equipment. This initiative is designed to move after-sales support closer to the end-user, providing technical assistance and training for local mechanics.

Andrea Conchetto, CEO, Carraro Group, stated, “The opening of our first authorised service centre in Faridabad is a milestone in our journey to enhance customer experience in India. This facility is a testament to our commitment to providing world-class service and support to our customers. We are confident that this centre will set new benchmarks in service excellence”.

S Krishnan, Managing Director, Carraro India, said, “The Faridabad centre is the first of many such facilities we plan to open across the country. Our goal is to ensure that our customers have access to genuine parts and expert service, regardless of their location. This expansion will help us strengthen our presence in the Indian market and provide better value to our customers”.

“We are proud to partner with Carraro India in this initiative. Our team is trained to provide the best-in-class service to Carraro customers. We look forward to a successful partnership and to serving the needs of the off-highway vehicle industry in this region,” added Balaji Enterprises representative.

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  - Ravi Kumar January 24, 2026 01:42 AM

  Main is opportunity ko lekar bahut interested hoon aur requirement ke hisaab se join karne ke liye ready hoon

  Reply

Knorr-Bremse Systeme für Nutzfahrzeuge and Dutch company WAGH (WESP-Group) have established a joint venture, WESP CV, to develop digital services for the commercial vehicle industry.

The new entity headquartered in Germany will see Knorr-Bremse hold 51 percent stake, while WAGH will hold the remaining 49 percent.

WESP CV will focus on data-driven benchmarking for workshops. By comparing performance indicators, the venture aims to help companies identify operational efficiencies and use data to inform business decisions. The database created through this partnership is intended to provide transparency regarding market potential and product field data for workshops, distributors and industry partners.

The partnership seeks to address industry challenges, such as the shortage of skilled staff, by ensuring workshop employees can operate with higher efficiency through predictive maintenance solutions and integrated data ecosystems.

Alexander Wagner, Vice-President Global Aftermarket/TruckServices, Knorr-Bremse Commercial Vehicles, said, "The founding of WESP CV marks the next milestone toward a holistic and efficient commercial vehicle aftermarket ecosystem. The joint venture combines WESP's expertise in digital services for workshops with Knorr-Bremse's expertise in the commercial vehicle market. We want to support commercial vehicle workshops with data-based consulting services, helping them to identify operational efficiency potential, enable data-based decisions, and exploit previously untapped business opportunities or potential for improvement. This extensive database will not only support commercial vehicle workshops, but also other market participants and industry partners in gaining deeper transparency about market potential and product field data.”

Bas Wintjes, Managing Director, WAGH, said, “In the past months, we have consistently aligned our tools with the key KPIs of the truck, trailer and bus market. One thing has become clear: the fundamental principles remain the same – benchmarking against others enables workshops to achieve targeted improvements. In today’s environment, where it is becoming increasingly difficult to find skilled staff, it is more important than ever to ensure that workshop employees can work efficiently. Data-driven predictive maintenance solutions will play a central role in the future. Particularly valuable is the collaboration between manufacturers, distributors, and workshops: a strong data ecosystem gives all stakeholders the opportunity to measurably enhance their performance. The partnership with Knorr-Bremse is an important step in the further internationalization of WESP-Group. We look forward to combining Knorr-Bremse’s market expertise with our proven, practice-oriented tools.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOCL) to set up vehicle service facilities at fuel retail outlets across India.

The partnership aims to integrate automotive maintenance with energy supply points to increase service accessibility for car owners.

As per the understanding, facilities at IOCL stations will offer routine maintenance, minor repairs and major services. This initiative expands Maruti Suzuki India’s existing network, which currently consists of 5,780 service touchpoints in 2,882 cities. Indian Oil operates a network of over 41,000 fuel stations nationwide, providing the infrastructure for the rollout.

Ram Suresh Akella, Executive Officer (Service), Maruti Suzuki India, said, “Our goal is to make car servicing as easy and convenient as possible for our customers. By partnering with Indian Oil Corporation Limited, one of India’s most trusted Maharatna enterprises, we will leverage their unmatched reach to take our after-sales service to locations frequently visited by our customers. This collaboration marks a significant step to bring mobility and energy sector together and deliver superior customer care experience. We are committed to enhance accessibility, deliver unmatched convenience, and ensure complete peace of mind in the car ownership journey for our customers.”

Saumitra P. Srivastava, Director (Marketing), Indian Oil Corporation, said, “Indian Oil is committed to enhancing the customer experience at our fuel stations through value-added services. With a network of over 41,000 fuel stations across the length and breadth of India, we are uniquely positioned to bring essential services closer to the consumer. By partnering with Maruti Suzuki, we are integrating world-class automotive maintenance along with our energy offerings.”

The collaboration represents a convergence of the mobility and energy sectors, intended to provide maintenance at locations already frequented by motorists for refueling.

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ACMA Automechanika New Delhi, the biennial automotive aftermarket component trade fair, is set to be held from 5^th February to 7^th February 2026 at Yashobhoomi (IICC), Dwarka.

The event in its biggest avatar is set to feature over 800 exhibitors from 19 countries, representing the largest edition of the fair to date.

The expansion follows an 8 percent growth in exports for India’s automotive components industry and a 6 percent growth in the domestic aftermarket for FY2025. Factors contributing to this growth include an ageing vehicle population and the formalisation of service networks. The exhibition will cover 50,000 gross square metres and showcase 3,000 brands, including 285 first-time participants.

The event spans several sectors:

• Components and Systems: Electronics, body parts and engine components.
• Repair and Maintenance: Diagnostics, service equipment and workshop tools.
• Accessories and Customisation: Car care, body and paint and lifestyle products.
• Emerging Technology: Solutions for new mobility and digital service channels.

ACMA Automechanika New Delhi will feature international pavilions from China, Germany, Iran, Hong Kong, Sri Lanka and Taiwan. Participating global brands include GMB, Horse Powertrain Solutions and Teknorot Otomotiv. A dedicated Workshop Pavilion will focus specifically on diagnostics and service equipment. Component makers from India such as Minda Corporation, Schaeffler India, SKF India and ZF India have also confirmed their participation.

Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings, said, “I am very delighted by the fact that the show has received a very rich domestic and international participation and also the show has reflected the upward growth of India’s auto component sector. ACMA Automechanika New Delhi, which is a part of our global brand, has impressively posted a huge increase in new participants and is presenting a huge lineup of aftermarket solutions. All this is coming at a time when industry and government are simultaneously spearheading efforts to make India an auto powerhouse. We are confident of delivering a yet another amazing edition of the show.”

Vinnie Mehta, Director General, ACMA, said, “For ACMA, the event is not only about showcasing products, but about presenting India as a reliable partner for quality-driven, technology-led aftermarket solutions. With higher localisation, improving export capability and participation across MSMEs, Tier-1 suppliers and global brands, the aftermarket is steadily moving towards higher value and innovation.”

The fair will include knowledge programmes on 6 and 7 February, covering topics such as regulatory compliance, anti-counterfeiting, and workshop best practices. A leadership dialogue will specifically address the localisation of semiconductor power components for the electrification of two-wheelers and three-wheelers in India.

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