Bosch Limited said it has expanded localisation of key emission and fuel injection components in India while advancing plans in electric vehicle (EV) e-axles and hydrogen technologies for commercial vehicles. The company also reported increased export volumes in select product categories and confirmed ongoing capacity reviews aligned with anticipated production growth across automotive segments.
The company stated during its 3Q FY25–26 post-results conference call on 09 February 2026 that it localised NOx sensor components for common rail systems in 2025 and is progressing further localisation for common rail products and NOx sensors. “We have localized NOx sensor component for the common rails. We are going ahead with more localization for the common rail products. We will go ahead in the perspective of also local the NOx sensor,” said Karin Gilges, Chief Financial Officer of Bosch Limited.
Management reiterated its manufacturing approach, noting that localisation decisions are driven by volume economics rather than trade policy changes. “The philosophy of Bosch is we try to do local for local,” Gilges said. Guruprasad Mudlapur, Managing Director and Chief Technology Officer, added that even under a free trade agreement, “there is always more sense when there are good volumes to have it fully localized and that’s always been our endeavor.”
Exports increased in 2025, particularly in spark plugs, with further growth expected in spark plugs, common rail components and NOx sensors. The company also relocated pump production from Japan to India, supplying those pumps back to Japan and Korea. “We have increased already our export volume for the spark plugs in 2025, and we expect also further good development of volumes in the spark plugs and in components for the common rail products,” Gilges said.
In the electric passenger vehicle segment, Bosch Limited said it is targeting e-axles as its primary high-value offering. “From the portfolio of Bosch Limited, we will strongly aim to begin in e-axles and that would be the biggest component that comes into an electric vehicle,” Mudlapur said, adding that the company is in advanced discussions with several OEMs. He confirmed that Bosch is currently supplying chargers and DC/DC converters from its electronics unit but is not yet supplying e-axles in India.
On hydrogen, Bosch said it is working with commercial vehicle and bus OEMs on hydrogen engine readiness, with vehicle testing underway. “We are working very closely with virtually every commercial vehicle and bus OEM in India,” Mudlapur said. He added that while vehicle and technology development is progressing, infrastructure remains uncertain, stating, “We assume that by 2030, definitely, there will be quite some hydrogen activity happening.”
Bosch said it continues to review forward volumes and adjust investments accordingly. “In every cycle or this is an ongoing process in our company that we check the forwarding volumes predicted by the customers and by the market. We look at our technical capabilities and capacities and then we adjust our investments in accordance,” Gilges said, noting that the company maintains buffer capacity and releases capex as required.
Financially, revenue for October–December 2025 stood at INR 48,856 million, up 9.4 percent year-on-year. Revenue for April–December 2025 rose to INR 144,690 million from INR 131,768 million in the prior year period. EBITDA for the nine months increased to INR 18,688 million from INR 16,628 million. Profit after tax for the nine months ended December 2025 reached INR 22,017 million, reflecting gains including profit from the sale of its Video Solutions, Access and Intrusion and Communication systems business under the Building Technologies segment.
The two-wheeler business grew 58.3 percent year-on-year in the third quarter, driven by higher sales of exhaust gas sensors following the implementation of OBD-II norms from 1 April 2025. The Mobility business grew 18.5 percent in the quarter, supported by Power Solutions growth across passenger cars and off-highway segments.
Bosch also launched a new Hand Tools business segment, generating INR 100 million in revenue within its first year. The Power Tools division expanded its dealer network to over 1,800 partners, covering 25,000 retail points across more than 1,600 cities, and established a new distribution network with over 100 distributors for its standard line range.
Bosch Limited, headquartered in Bengaluru, manufactures automotive components and mobility solutions including powertrain systems, sensors, electronics and aftermarket products for passenger vehicles, commercial vehicles, tractors and two-wheelers.
