Bosch India realigns its global mobility business

Bosch, a leading supplier of technology and services, has realigned its Mobility Business to deliver regional growth and customer centricity. Effective January 1, 2024, Sandeep Nelamangala, Joint Managing Director of Bosch Limited, Executive Vice President - sales, Mobility Solutions, Bosch India, will steer the mobility business in India, in addition to his current responsibilities.

Sandeep, who is the Head of sales and associated with Mobility Solutions so far, will also oversee the realigned structure now, handling the technology and strategic developments for the region. Bosch's major focus behind this realignment is to empower the regions to serve existing and new customer needs better and offer them with customized technologies and solutions.

"As we deepen our focus on developing indigenous and cost-effective solutions with this realignment globally, Sandeep's leadership will be important to cater to our customers' needs better and emerge as the preferred system solution provider for new-age technologies in India." says Guruprasad Mudlapur, President of the Bosch Group in India, and Managing Director, Bosch Limited.

"With a customer-focused culture at the heart of our strategy, backed by a large software team of Bosch in India, we strive to deliver innovation and seamless integration of hardware and software, in our goal to be the preferred partner for mobility and a one stop solution for our customers' needs." adds Sandeep Nelamangala.

Shares of Bosch Limited was last trading in BSE at Rs. 21976.90 as compared to the previous close of Rs. 21718.70. The total number of shares traded during the day was 803 in over 418 trades.

The stock hit an intraday high of Rs. 22031.00 and intraday low of 21718.75. The net turnover during the day was Rs. 17611587.00.

Source : Equity Bulls

Keywords

Bosch INE323A01026 MobilityBusiness Realignment