Election-year uncertainty
National elections in 2024 may cause demand slowdown, as seen historically.
BOSCHLTD / Q3-FY24 / risks
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Bosch · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Global headwinds and Red Sea logistics
Global economic slowdown and Red Sea disruptions could increase logistics costs and impact supply chains.
Tractor demand weakness
Tractor volumes declined 13% YoY due to erratic rainfall; continued weakness could impact overall performance.
Electrification margin pressure
Management acknowledged global electrification margins are low; Indian EV market may face similar pressure as penetration grows.