Bosch And TSF Group Form Joint Venture For Air Systems
ECONOMY & POLICY

Bosch And TSF Group Form Joint Venture For Air Systems

Bosch Limited has formed a joint venture with Brakes India and Wheels India, subsidiaries of the TSF Group, to expand air systems for the commercial vehicle sector. The venture will be a 50:50 partnership and is intended to commence operations by the end of 2026, subject to regulatory approvals. The registered office will be in Chennai and the global supply chain will be managed by entities of Bosch, Brakes India and Wheels India.

The joint venture will focus on engineering, manufacturing and sales of electronically controlled, software driven modules for air compression, air processing, air suspension and air parking brakes. Partners will combine capabilities to deliver system level solutions for original equipment manufacturers to address efficiency, safety and automation. The move reflects an industry shift from mechanical hardware to software driven architectures in commercial vehicles.

Bosch management described the move as part of a continuous expansion of capabilities to strengthen global leadership in the commercial vehicle segment and to shape advanced air systems. Brakes India emphasised its experience as a leading supplier of pneumatic braking systems and noted the venture will enable the offer of air braking parts for e enabled mobility. Wheels India highlighted its three decades of experience in bus air suspension and welcomed collaboration to advance electronic air suspension for global customers.

The boards of Bosch, Brakes India and Wheels India approved the transaction to meet accelerating customer demand for greater efficiency and automation in commercial vehicle motion management. Bosch in India operates through 14 companies, 17 manufacturing sites and seven development and application centres and reported consolidated sales of 2.7 billion (bn) euros in FY 2024–25. Total net sales in India were 373,457 million (mn) Rs, approximately euros 4.13 billion (bn), and the company employed 38,655 associates as of 31 March 2025. Globally the Bosch Group employs roughly 412,000 associates and reported sales of 91 bn euros in 2025.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Bosch Limited has formed a joint venture with Brakes India and Wheels India, subsidiaries of the TSF Group, to expand air systems for the commercial vehicle sector. The venture will be a 50:50 partnership and is intended to commence operations by the end of 2026, subject to regulatory approvals. The registered office will be in Chennai and the global supply chain will be managed by entities of Bosch, Brakes India and Wheels India. The joint venture will focus on engineering, manufacturing and sales of electronically controlled, software driven modules for air compression, air processing, air suspension and air parking brakes. Partners will combine capabilities to deliver system level solutions for original equipment manufacturers to address efficiency, safety and automation. The move reflects an industry shift from mechanical hardware to software driven architectures in commercial vehicles. Bosch management described the move as part of a continuous expansion of capabilities to strengthen global leadership in the commercial vehicle segment and to shape advanced air systems. Brakes India emphasised its experience as a leading supplier of pneumatic braking systems and noted the venture will enable the offer of air braking parts for e enabled mobility. Wheels India highlighted its three decades of experience in bus air suspension and welcomed collaboration to advance electronic air suspension for global customers. The boards of Bosch, Brakes India and Wheels India approved the transaction to meet accelerating customer demand for greater efficiency and automation in commercial vehicle motion management. Bosch in India operates through 14 companies, 17 manufacturing sites and seven development and application centres and reported consolidated sales of 2.7 billion (bn) euros in FY 2024–25. Total net sales in India were 373,457 million (mn) Rs, approximately euros 4.13 billion (bn), and the company employed 38,655 associates as of 31 March 2025. Globally the Bosch Group employs roughly 412,000 associates and reported sales of 91 bn euros in 2025.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement