Bosch expands India footprint: German giant acquires 74.2% in...

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Bosch expands India footprint: German giant acquires 74.2% in Johnson Controls-Hitachi AC India; marks its biggest global acquisition

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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.

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