BOSCH HOME COMFORT INDIA · tone and specificity signals across the available quarters.
Language signals
We've recognized that [low aftermarket growth] and made quite some corrections in our strategy and our approach to market. So overall the aftermarket portfolio is much much stronger now and our approach to market which is even more significant has started to produce results.
I think we've done quite a few things over the last several years consistently which has led to sustained improvement in our margins. The first thing is continuous improvement in our operational excellence. We've had continued increase in our localization content. The volume growth has been favorable. We've had improvements in productivity overall.
We are a technology company and we will support and continue to support whatever technology that the market demands. There is also a momentum which will carry the combustion technologies forward and this progression will continue in the next many years to come.
We are currently under consideration and we do not want to give a guidance here.
The most important thing is the philosophy of Bosch is we try to do local for local and therefore volumes are much more important than an FTA or import duties whatsoever.
We assume that by 2030 definitely there will be quite some hydrogen activity happening and we're working towards that right now.