Resolution of semiconductor shortage may take months: Bosch India MD

In another two and a half to three years, Bosch will have 2,500 lesser associates, says MD Bhattacharya

Bosch India, one of the largest auto component manufacturers, reported a 3.24 per cent decline in its consolidated net profit to Rs 184.25 crore for the December quarter, against Rs 190.24 crore in the year-ago period. A shortage in the supply of semiconductors impacted imports and automotive production in India. SOUMITRA BHATTACHARYA, managing director of Bosch India, tells Shally Seth Mohile that the global shortage facing automakers is not ending anytime soon as the demand from user industries has far outstripped the supplies and it will take a while for new capacities being created to go on stream. Bhattacharya updates