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Bosch (China) to purchase 10 bn euros worth of auto parts '07

Jorvan From www.gasgoo.com| June 22 , 2007 16:24 BJT

Bosch recently announced that in 2007 the Group plans to increase its procurement volume in China from 300 million euros in 2006 to 1 billion euros this year.

It is reported that Bosch has an annual procurement budget of 20 billion euros worldwide.

Presently, the Group purchases PCB and electrical parts in China. In addition, Bosch is in close collaboration with qualified ball bearings and rubber parts Chinese suppliers. Bosch hopes to cooperate with machinery parts supplier in the near future.

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