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Wednesday, 24 August 2011

For expansion of production capacity JBM Auto to invest Rs 200 crore

NEW DELHI: On Sunday the JBM Auto an Auto component maker stated that they have planned to invest 200 crore this fiscal to expand production capacity at different places in the country. The company is investing mainly at Chennai, Pune and Sanand plants by the JBM Group. This is done mainly to meet the requirements of customers, including Nissan, Mahindra & Mahindra and Tata Motors.

 JBM Group Executive Director Nishant Arya shared that,"for this fiscal, the investment is around 200 crore, where parts have already in process. These are mainly at the new plants in Chennai, Sanand.Vcommindia News

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