The Bollhoff Group through its Indian subsidiary Bollhoff Fastenings Pvt.Ltd. continued to pursue a three-year strategy it first revealed in 2020. The strategy to invest in sustainable mobility holds good even today as the company aligns with The New Global' strategy or Vision 2024 formulated in 2021. Going beyond, the company also hopes to attain carbon neutrality by 2030. The display of ICE and EV-based solutions for its customer base are a testimony. As per the company's global sustainability report, Wilhelm A. Böllhoff, a Member of the Board of Management, states, "A key element of our corporate strategy for 2024 is the continuous improvement of our resilience, adaptability, and sustainability." This is expected to help the company double or triple the volume of sales of its fastening solutions.
This story is from the February 2023 edition of Auto Components India.
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This story is from the February 2023 edition of Auto Components India.
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