Bosch Limited has announced a joint venture with Brakes India Private Limited and Wheels India Limited to strengthen its presence in the commercial vehicle segment, particularly in electronically controlled air systems.
The proposed venture, structured as a 50:50 partnership between Bosch and the TSF Group companies, is expected to begin operations by the end of 2026 after receiving regulatory clearances. The new entity will focus on engineering, manufacturing and sales of advanced air system modules for commercial vehicles, including air compression, air processing, air suspension and air parking brake systems.
The joint venture will have its registered office in Chennai, while the global supply chain operations, including those in India, will be managed jointly by Bosch, Brakes India and Wheels India.
Announcing the partnership, Guruprasad Mudlapur, president of the Bosch Group in India and managing director of Bosch Limited, said the collaboration reflects Bosch’s strategy to strengthen its leadership in the commercial vehicle technology space. He noted that the industry is increasingly shifting towards intelligent and software-driven systems, creating demand for more advanced vehicle architectures.
Sandeep Nelamangala, joint managing director of Bosch Limited and president of Bosch Mobility India, said the partnership would help expand Bosch’s commercial vehicle motion management portfolio and support the transition towards software-defined mobility solutions.
Brakes India managing director Sriram Viji said the partnership would enable the companies to offer next-generation pneumatic braking and electronically controlled air braking solutions tailored for future mobility requirements. Wheels India chairman and managing director Srivats Ram added that the company’s long-standing experience in air suspension systems for buses would complement Bosch’s technology capabilities in developing advanced electronic air suspension systems for global markets.
The announcement came alongside Bosch Limited’s financial results for FY 2025-26, during which the company reported a 13.8% rise in profit after tax. Revenue from operations for the year stood at ₹20,035 crore, marking a growth of 10.8% over the previous financial year.
For the fourth quarter, Bosch posted revenue of ₹5,566 crore, up 13.3% year-on-year, driven largely by stronger demand in the automotive sector, especially in passenger vehicles, tractors and two-wheelers. Profit before tax for the quarter rose 3.8% to ₹808 crore.
The company’s mobility business recorded robust growth, led by the power solutions and two-wheeler segments. Bosch attributed the sharp rise in two-wheeler business to increased demand for exhaust gas sensors following the implementation of OBD-II norms from April 2025.
The board of directors has recommended a final dividend of ₹270 per share for FY 2025-26.
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