Bosch Home Appliances to invest 100 mn Euro to expand in India

Bosch Home Appliances to invest 100 mn Euro to expand in India

Bosch Home Appliances will invest 100 million Euros over the next 3-4 years towards personalizing solutions, brand building, strengthening its technology centre, and setting up a robust refrigerator factory to bring its best-in-class German technology in India and magnifying India’s role globally, the company said in a statement.

In the coming years, Bosch will take its offerings from conventional to digital and transform businesses beyond mobility, by focusing on connectivity and new digital business models for customer value, as well as extending new employment opportunities in the space.

According to the company, India’s household appliances market is expected to grow at 14.5 percent annually (CAGR 2018-2022), resulting in a market volume of USD 2,028 million by 2022. Bosch India expects its business in this sector to grow significantly over the coming years. In line with this insight, Bosch has steadily expanded its product portfolio, with a major focus on localized offerings and India-first innovations built with the highest quality of German engineering, the company said.

BSH Household Appliances which started operations in the country in 2010, has launched new categories like fully automatic top loader washing machines, small appliances, and freestanding microwave ovens here this year. The company has also launched its luxury range Gaggenau in India this year which includes an entire range of built-in home appliances like refrigerators, dishwashers, cooking appliances.

“We want to remain the consumers’ first choice. Innovation and technology are the key pillars at BSH Household Appliances and we are constantly working towards simplifying the day-to-day lives of consumers by reinventing and regionalizing solutions and accessories including branded detergents for washing machines and dishwashers,” said Gunjan Srivastava, Managing Director, and CEO, BSH Household Appliances.

BSH sells its products through 55 exclusive Bosch outlets, 25 Siemens outlets, large format stores like Croma and Vijay sales along with hundreds of direct dealers. The company is still in the process of building its distribution channel and expanding its retail presence. BSH currently manufactures front-loading washing machines in its 42-acre facility around Chennai in Tamil Nadu. The company will soon start manufacturing other appliances in this facility as well.

[“source=forbes]

Euro 2016: Germany Aiming to click on Into equipment against Northern eire

Germany Euro 1902

Germany midfielder Bastian Schweinsteiger (right) celebrates with goalkeeper Manuel Neuer after scoringtowards Ukraine in a Euro 2016 group C encounter on the Stade Pierre Mauroy.
© AFP
HIGHLIGHTS

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Germany face Northern eire in Paris on Tuesday
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both teams are assured of a top3 end in organization C
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The suit will be performed in Parc des Princes, the house of French club PSG
Paris: To silence the critics, Germany needs to get its assault going.
The group‘s misfiring forwards have not begun to score at the european Championship in video gamesagainst Ukraine and Poland, and coach Joachim Loew has dismissed guidelines of a lack of leadershipin his aspect.
the sector Cup champions, who face Northern ireland on Tuesday in institution C, needed defender Shkodran Mustafi to interrupt the impasse in opposition to Ukraine before midfielder Bastian Schweinsteiger sealed the two0 win on a smash in injury time.
Loew then stated his players created “hardly any probabilitiesin the following zerozero draw in opposition to Poland.
shielding frailties were exposed inside the first recreation, but now the focus is on attack with Mario Goetze, Thomas Mueller, Mesut Ozil and Julian Draxler all scoreless so far. also, Mario Gomez has but to start a fit, while Lukas Podolski has yet to even make an appearance.
it really is how it’s miles in soccer. from time to time you’re the canine, every so often you’re the tree,” Goetze stated Sunday at the team‘s tournament base. “grievance goes with soccer. you need to deal with it. we’re expert sufficient.”
the shortage of dreams is perplexing given the wealth of skills at Loew’s disposal. Mueller, strangely, hasyet to attain in seven games over two european Championships in spite of 32 desires in 73 games for Germany, including 12 desires in eu qualifying.
“Of direction we need to be higher in assault, to create more goal-scoring probabilities. we’re workingon it as a crew, no longer handiest in training however we’ve spoken about it, too,” Mueller said. “we will try some matters on Tuesday. we’re looking forward to it.”
Mueller scored 32 dreams throughout all competitions for Bayern Munich ultimate season.
i hope i can score a goal but as I stated already before the tournament, it is no longer my majorelement,” Mueller stated. “i’m hoping we supply a very good recreation and that we will win. I can’t say what takes place after that, there are such a lot of opportunities. despite the fact that we win theorganization, it is now not clean who we will face.”
regardless of the issues, Germany is definitely confident of development from organization C and Loew is secure searching in advance to the rest of the event.
we are able to win towards Northern ireland. we can win the institution and then, I agree with, we’re going to be playing in Lille once more for the spherical of sixteen,” Loew said. “I do not know aboutanother ways.”
also, Germany defender Jerome Boateng educated typically with the relaxation of the squad on theCamille Fournier Stadium on Sunday after getting better from a bruised hip.
Northern eire, gambling in its first eu Championship, is in a great role to development from the institutionafter Gareth McAuley led the side to a 2-zero win over Ukraine. The Northern Irish are assured of at leastthird area and might at ease qualification with a victory over Germany at the Parc des Princes.
while we got here into the tournament, we knew we have been in as tough a collection as there is, and we desired some thing to play for within the remaining recreation,” Northern eire instruct Michael O’Neillsaid after beating Ukraine in Lyon. “we’ve got a practical prize at the quit of the Germany game and that isimmensely fascinating.”
Northern ireland can take heart from the best previous meeting between the international locations at a main tournament, after they drew 2-2 in a set game on the 1958 world Cup. each stepped forward to the quarterfinals.

Euro 2016: Stalemate Edges Germany, Poland closer to spherical of sixteen

germany poland 1706

Poland midfielder Grzegorz Krychowiak (L) and Germany defender Jerome Boateng react as Polish forwardArkadiusz Milik lies on the floor in the course of their Euro 2016 institution C in shape at Stade de France on Thursday night.

Paris: vintage competitors Germany and Poland fought a struggle of attrition that ended in a goalless draw and edged each international locations closer to an area in the ultimate 16 of Euro 2016 on Thursday.
The stalemate left Germany on top of organization C on aim distinction with both facets on 4 factors fromtwo fits.
Poland’s Arkadiusz Milik had the high-quality risk while he bundled the ball huge from pointclean rangeearly inside the secondhalf of.
Germany’s Jerome Boateng complained that his aspect were “too rigid“, however agreed that a drawbecome a fair result from a tightly contested come upon.
“We may be happy with the nil-nil,” Boateng stated, however he criticised his facet‘s loss of attacking punch.
“We failed to take the game to our fighters, we were not risky sufficient and we ought to enhance that or we may not get a long way,” he instructed ZDF.
we’ve got now got to ensure we win the ultimate organization recreation so that we undergo asorganization winners.”
Their warring parties could be Northern eire, whose 2-0 win over Ukraine earlier Thursday leaves Michael O’Neill’s men only a factor behind the leaders in advance of the final organization game in Paris on Tuesday.
Poland take on Ukraine in Marseille in their final pool match with a draw sufficient to seal their locationwithin the knockout levels.
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Poland had simplest crushed Germany once in 20 previous meetings, however that got here in qualifying for Euro 2016 and the Poles have been complete of self assurance having received their first evereuropean Championship finals in shape against Northern ireland on Sunday.
return to night time of trauma
Germany have been playing on the Stade de France for the primary time due to the fact they have beenstuck up inside the November 13 militant attacks in Paris.
Die Mannschaft were pressured to spend a disturbing night in the dressing rooms at France’s country wide stadium when a chain of jihadist assaults throughout Paris left 130 useless on a night theyconfronted the French in a friendly.
however, the emotional return did no longer seem to have an effect on Joachim Loew’s side. They madeby using a long way the better start as Mario Goetze headed simply over from Julian Draxler’s move,whilst Toni Kroos additionally failed to hit the goal as he burst into the box.
At the other quit, Poland’s celebrity guy Robert Lewandowski become stored in close take a look at with the aid of Bayern Munich teammates Boateng and the returning Mats Hummels — gambling in his first gamefor a month because of a calf injury.
a drab cease to the primary1/2 changed into speedy forgotten by way of a quick begin to the secondperiod.
The hordes of Polish supporters watched in amazement whilst on 48 minutes Milik — scorer of the simplestpurpose against Northern eireone way or the other failed to turn domestic Kamil Grosicki’s risky crossfrom slightly a metre out.
Poland goalkeeper Lukasz Fabianski became no longer pressured into a keep inside the first-1/2 as he deputised for the injured Wojciech Szczesny.
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however, the Swansea metropolis stopper turned into in the end called into action as Goetze fireddirectly at him when nicelypositioned within the place.
Milik drove a properlyworked loose-kick just extensive before Boateng produced a striking closing-ditchundertaking to disclaim Lewandowski as Poland began to look the more threatening.
Ajax striker Milik fluffed his traces once more while he did not make a clean touch when picked out againby using Grosicki within the field.
but, Fabianski then produced a lovely prevent to show Mesut Ozil’s fierce strike from the edge of thecontainer over the bar.
Loew introduced forwards Andre Schuerrle and Mario Gomez to deliver greater of a reducing edge to Germany’s attacking play in the final sector.
however a lacklustre German display not often gave the impression of reaping all three points as theyhad to accept a point.