Robert Bosch Lanka (Private) Ltd. a wholly owned subsidiary of the Bosch Group Bosch offers products in the businesses of Automotive Aftermarket, Security Systems, Power Tools and Thermotechnology in Sri Lanka.
Bosch, a leading global supplier of technology and services, inaugurated its first office in Colombo, Sri Lanka on October 19, 2015 in the presence of H.E. Dr. Juergen Morhard, Ambassador of the Federal Republic of Germany to Sri Lanka and Dr. Steffen Berns, President of Bosch Group India. “With our newly setup local entity Robert Bosch Lanka (Private) Ltd., we complement our presence in the region, after having been in India for over 90 years and recently having opened an office in Bangladesh. It is important for us to have a direct presence in Colombo which is the focal point of the country’s vivid economic activities,” Dr. Berns stated.
Significant market Potential for Bosch Solutions and Services
Sri Lanka has shown significant development in the recent years and is expected to further grow strongly in the years to come. Over the past few months consumer spending has increased significantly. The country particularly offers many opportunities in the services sector which has contributed significantly to Sri Lanka’s gross domestic product (GDP).
Against this backdrop, Robert Bosch Lanka (Private) Limited will initially engage in sales, marketing and trading of products and services of the Bosch divisions of Automotive Aftermarket, Security Systems, Thermotechnology and Power Tools. “With fascinating and meaningful technologies that are “Invented for life,” Bosch develops solutions to global and local challenges. We offer many products very well suited to the country’s needs, including infrastructure- and city development, mobility and energy-technology. The inauguration of our new office marks an important milestone for our business expansion in the South Asian region. We look to further increase our footprint in Sri Lanka as it emerges to be an important growth market for our business,” Dr. Berns added.