Popular German auto component manufacturer Bosch has been given the ‘most admired’ motor vehicle parts supplier title by the US magazine Fortune. Based on responses from 3,855 executives, directors and analysts from as many as 698 companies at 58 industries and 32 countries, Bosch was ranked as the No. 1.
This is not all as the parts manufacturer ranked fifth ‘most admired’ among all German companies. The company ranked 11th in India and 14th among companies in the European company category.“Fortune’s ranking is a tremendous honour for our company, associates, customers and suppliers,” said Franz Fehrenbach, chairman, Board of Management, Robert Bosch GmbH. “Bosch remains committed to providing excellent service, high-quality products and leading industry advancements. This honour demonstrates our associates’ dedication to our industry and our work.” Fortune magazine’s ‘World’s Most Admired Companies’ is the most popular company ranking list since it was introduced in 1997.