While the year gone by wasn't that fruitful for the automotive industry especially the first half, but auto component maker Bosch India limited has been able to keep its top-line flying high.

As per the statement filed by the company, Bosch India posted a 4.6% growth in the sales figured which stood at Rs. 4 billion in 2009 while the PAT stood at Rs. 79 billion.

The company attributed the credit of the overwhelming results to the stimulus packages offered by the Government which helped it stay afloat in a not so conducive environment.

Much of the numbers were pulled over the second half of the year keeping its growth intact. Bosch further added the fact that the CV segment took a little more than expected to recover from the economic meltdown which led to losing ground for this component maker.

While the company is expecting to spend around Rs. 2000 crore over the 2010-12 period in expanding its business a significant chunk of it will go towards expanding the technology currently operating in the Indian automotive business. The company strongly believes that the main challenge in the Indian market is to set the price which is affordable yet keeping the product environment-friendly.