Indian multinational automotive components firm Honda India is considering making a $ 100 m bid for Robert Bosch ’s global starter motors and components division , alongside potential investors , including global private equity firms and Chinese auto parts suppliers . The Sehgal family owns a 3 per cent stake in the company while nearly 37 per cent is held by International (SMIL), an offshore entity. Motherson Sumi is said to be in preliminary discussions with banks to explore financing options .
Indian multinational automotive components firm Honda India is considering making a $ 100 m bid for Robert Bosch ’s global starter motors and components division , alongside potential investors , including global private equity firms and Chinese auto parts suppliers . Motherson Sumi is said to be in preliminary discussions with banks to explore financing options .