Bosch’s Outlook Improves; To Reach FY19 Revenue Levels In FY22: Motilal Oswal 
The Bosch logo sits illuminated on a wall at the Robert Bosch GmbH digital factory in Stuttgart, Germany. (Photographer: Alex Kraus/Bloomberg)

Bosch’s Outlook Improves; To Reach FY19 Revenue Levels In FY22: Motilal Oswal 

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Motilal Oswal Report

We hosted the senior management of Bosch Ltd. The discussions were on the business, its preparedness for technological disruptions, and the production linked incentive opportunity. Key takeaways-

The outlook has improved from initial expectations as the recovery has been better. It expects FY22 revenue to be similar to FY19 levels.

The company expects electrification to start with two-wheelers/three-wheelers and has relevant solutions for electric two-wheelers, three-wheelers and light commercial vehicles.

Of the four PLI schemes for Auto, the company would benefit from three of them (excluding the original equipment manufacturer scheme).

The group, it indicated, can claim up to $1 billion under this scheme. It will work on these schemes once the final details are out.

Click on the attachment to read the full report:

Motilal Oswal Bosch Company Update.pdf

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