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Bosch plans Rs. 1,000 cr. investment

BANGALORE: Motor Industries Company Limited (MICO), a subsidiary of the German auto ancillary giant Bosch, has said that Bosch is keen on enhancing its presence in India and planning an investment of close to Rs. 1,000 crore in the country. Bosch planned to invest close to Rs. 200 crore in the Bangalore plant and Rs. 600 crore in Nashik apart from investments in Bosch's other units here, Joint Managing Director, M. K. Vishwanathan, told reporters here.

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