“In 2008, we had a turnover of Rs 1,000 crore from our automotive aftermarket business. So far this year, we have grown about 23 per cent and we are confident of attaining 20 per cent jump in this year,” Bosch Vice-President (Automotive Aftermarket) K Ravi told reporters here.
He said the expected growth would come despite illegal shipments of huge quantities of auto parts made in China, which are sold in India under Bosch brand.
“The Indian after-sales market is estimated at Rs 15,000 crore and almost50 per cent are fake products.Our business has been affected to the extent of 33 per cent due to this,” Ravi said.
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