Bosch Group may open home appliance stores

With this, BSH becomes the second consumer electronics maker after UK-based Dyson to show interest in retail FDI in India. Germany’s diversified Bosch Group is considering to take advantage of the liberalisation of retail FDI policy announced by the government earlier this month to set up company-owned stores in the country for its household appliances business. The government has allowed 100 percent FDI in single brand retail in India through the automatic route as compared to its earlier policy when up to 49 percent FD. Bosch Group’s new store plan will offer signage companies a new business opportunity in in-store branding and graphics projects.