India, a leading manufacturer of earthmoving & construction equipment, will
be investing Rs. 650 crore to set up a new plant in India as the company
prepares to celebrate 40 years of manufacturing in the country.
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 the company’s sixth
factory in India. . It already has five world-class factories at Delhi-NCR,
Jaipur and in Pune, where it also has a Design Centre.
Chairman Lord Bamford laid the foundation stone for the new plant. India 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.
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.”
at the new facility at Halol-II, Vadodara on a 44 acre site will begin next
year. It 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
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.”
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