21 SEp :German auto component maker Bosch will be supplying its latest gasoline engine technologies and security systems to Nano as it stands by the Tatas amidst the Singur crisis.
"We are committed to support Tata’s Nano project. Wherever they want us to supply, we will supply our components," Bosch Ltd Managing Director V K Viswanathan told a group of visiting Indian journalists at the Automechanika 2008 in Frankfurt.
He said the company would be providing its petrol fuel injection system, starter motor, alternator, glow park and brake system to Nano.Bosch would, for the first time, supply its gasoline engine parts and security systems to Nano in the country from
its Naganathapura plant in Karnataka.Currently, the company is supplying pumps, starters, alternators to diesel engines and common rail systems for Nano. Viswanathan said Bosch was keen to be a part of Tata’s success story in Nano.
"India is considered a leader in ultra low cost motor segment. We want to ensure that Tata Nano becomes a big success," he said.
When asked if Tata Motors chose to exit Singur, whether Bosch would also accompany them to other sites, Viswanathan said: "…wherever they want us to supply, we will supply. We will go with them."
Some of the products cannot be moved everywhere, like fuel injection, which would be supplied from the company’s Naganathapura plant, he added.
Asked if there would be any quality issue in Nano’s engine amidst rising commodity prices as the Nano would be sold at Rs one lakh, Viswanathan said: "We have really done lot of innovation in India to develop high quality, very innovative products to go into Tata Nano. It is a high tech, high quality product with totally a different kind of features."
He, however, declined to comment on the size of the investment that the company has put in research and development of the components for Nano.
On expected revenue from supplying parts to Tata’s Rs 1-lakh car, Viswanathan said, "It is too early to say… It all depends on the volumes that Tata Nano is going to achieve. We are going to wait and see how this market develops."
The company also aims to strengthen its footprint in India in gasoline systems, auto electricals and safety systems with plans to expand these businesses.
The company had earlier earmarked an investment of Rs 2,650 crore in the Indian market for a period of five years between 2005 and 2010.
"Till now we have invested about Rs 1,500 crore in common rail systems, auto electricals, gasoline systems etc. The remaining money will go into the expansion of gasoline and diesel systems, expansion of our brake systems and ABS," Viswanathan said.
About the company’s future strategies for the Indian market, Viswanathan said: "I believe, we have a very strong potential in the gasoline systems because in the past we were not a big player in the gasoline systems."
The company would improve its presence in the gasoline system by acquiring some important OE (original equipment) projects, he added.