Covid-19 pulls down Bosch India’s BS VI order book by $800 million

On the back of 11% slip in business for FY-20, the auto component industry is bracing for yet another year of steep decline as both domestic and export demand remains sluggish. In the Q4 call of FY-20, Bosch had said it does not expect the market to regain the previous peak before FY-24.

from Auto-Industry-Economic Times https://ift.tt/2YkEtqF