JCB signs land purchase agreement in Jaipur

JCB, one of the world’s leading manufacturers of construction equipment, signed a land purchase agreement with Rajasthan government on October 23, 2012. Sir Anthony Bamford – Chairman, JCB met Rajasthan Chief Minister Ashok Gehlot to hold discussions on the way forward. Also present on the occasion were Minister for Industries Rajendra Pareek and Chief Secretary C. K. Mathew. This will be JCB’s fourth factory in India. JCB’s other three world class factories in the country are in Ballabgarh, Haryana near New Delhi and two in Pune. The Ballabhgarh Plant is the world’s largest Backhoe Loader manufacturing facility which also manufactures the JCB Liftall ‘pick-&-carry’ crane. Out of the two world class plants in Pune; one manufactures export oriented fabrications and components and the other manufactures state of the art heavy equipment like tracked excavators, wheeled loaders and compactors. JCB is also using this extensive manufacturing footprint in India to export to Eastern Africa, the Middle East and South-East Asia. With the approximate investment of Rs. 500 crore; JCB India will set up its fourth manufacturing facility on a 70 acre site in Jaipur. This has marked the beginning of a new expansion phase for JCB India, India’s largest manufacturer of construction equipment.