Bosch India, a provider of products and services in the areas of automotive technology, industrial technology, consumer goods and building technology announced the setting up of its fully owned subsidiary Robert Bosch (Bangladesh) Limited.
The venture will initially cater to the automotive, security systems, power tools and thermo technology divisions of Bosch and will be headquartered in Dhaka.
The company will start with establishing a sales and marketing office and bring in its complete range of products. In the Power Tools category, the company will offer products for the construction sector along with lawn & garden tools, while its security technology offering will include video surveillance, public address & conferencing equipment and fire & safety equipment. Bosch would also focus on repair and servicing of its products and spare parts.