Bosch Sees Huge Market for CRDI in India
We previously reported that Robert Bosch GmbH will most likely be the supplier of the CRDI (common-rail diesel injection) system for the 1-lakh car that Tata is working on in India, and it appears that the German auto supplier company sees a much bigger future for it in India than just that application.
The Stuttgart auto parts maker is forecasting deliveries of approximately 100,000 injectors this year sourced out of its new, state-of-the-art facility in Nashik, but expects that annual production to soar to 3.5 million units by 2010. Bosch also has an Indian subsidiary, Indian auto components maker Motor Industries Co Ltd, that has the capability to accommodate large increases in unit production, although it is not known if Bosch is relying on production from the Motor Industries plant in Jaipur in order to accomplish the 3.5 million unit production number.
Since you need one injector per cylinder, it then makes sense when Bosch also says that cars with CRDI will increase in India from 40,000 in 2006 to around 1.3 million in 2010, whether those are cars with two-cylinder, three-cylinder, four-cylinder or six-cylinder engines. That will give diesel engines more than 40% of the projected passenger vehicle market in India 36 months (3 years) from now. And who can say how many diesels will be sold in India 10 years from now? Whatever the number, it is safe to assume that it will be a bigger number than the one put up three years from now. You can see why Bosch is looking at the red-hot (and growing) Indian market and salivating.
Bosch’s efforts in India mimic their efforts on a global basis, with the German company going hard after business in the lower end of the market. Bosch says that worldwide growth of passenger vehicles that cost €7000 or less will be 5% or greater while growth of passenger vehicles above that price will be only 2.3% at most.
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