Bosch's Q1FY21 revenue fell 64.0% YoY to Rs. 992cr on account of weaker demand with the fall in overall economic activity. Automotive products segment revenue fell 65.6% YoY to Rs. 813cr. Domestic mobility business and beyond mobility sector both posted decline of 72.0% and 59.0% YoY, respectively, while the exports dropped 46% YoY. Commercial and passenger vehicle segment (fleet operators) have been hurt the most and may take time to revive due to slump in demand and tight credit conditions. However, the aftermarket sales from tractors have been restored briskly due to good monsoon and high crop yield. Long-term drivers for growth will be driveline market...