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Bosch expands India footprint: German giant acquires 74.2% in Johnson Controls-Hitachi AC India; marks its biggest global acquisition
Bosch is poised to significantly expand its presence in India by acquiring a 74.2% stake in Johnson Controls-Hitachi Air Conditioning India (JCHAI). This acquisition, part of a larger $8 billion global deal, will see Bosch taking control of JCHAI, including Hitachi's 40% ownership.
cityfalcon.com
Bosch acquires majority stake in JCHAI, becomes major player in India’s AC market
Robert Bosch GmbH has significantly expanded its presence in the Indian home appliance market by acquiring a 74.2% stake in Johnson Controls-Hitachi Air Conditioning India (JCHAI). This acquisition, part of an $8 billion global deal, positions Bosch as a full-spectrum player, adding ACs to its existing premium appliance offerings.
cityfalcon.com

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