JCB Is To Invest Rs. 650 Crores In A New Plant In India
JCB is a leading manufacturer of Earthmoving & Construction equipment in India. It has five world-class factories at Delhi-NCR, Jaipur and in Pune, where it also has a Design Centre. The new factory will be located in Vadodara in Gujarat and will manufacture parts for global production lines as the company prepares to meet increased demand.
This will be JCB’s sixth factory in India – a country which has been JCB’s biggest single market since 2007. The announcement follows the start of work on a new £50 million factory to build cabs for JCB machines in Uttoxeter, Staffordshire, UK which will be completed later this year.
JCB Chairman, Lord Bamford said, “With major investment in manufacturing capacity in the UK and India, we are very well placed to grow our business in the future. This year we celebrate 40 years of JCB India and our success over those four decades is down to our continual investment. It’s fitting that we mark the 40th anniversary with an investment in a factory which will give us enormous manufacturing capacity.”
Through an indigenised supply chain, JCB manufactures over 60 different products in eight categories. Products made in these factories have been exported to over 100 countries.
The New factory will house the most modern laser cutting, welding and machining technology and will be a fork-lift free operation. It will be capable of processing 85,000 tonnes of steel annually
JCB India MD and CEO, Vipin Sondhi said, “This new factory will be manufacturing engineered components and sub-assemblies for JCB’s many factories around the globe. It will add to the capacity at our existing plants in India. Vadodara presents us with the advantage of being located close to the Surat port and also to our key suppliers.”
JCB India today employs over 5,000 people in its Indian operations. It has a network of more than 60 dealers and 700 outlets spread throughout India. The network also extends to the South Asia Region of Nepal, Bhutan, Bangladesh, Myanmar and Srilanka, where JCB businesses are managed by the Indian Operations.
