Auto component maker JBM Auto is investing about Rs 200 crore this fiscal in expanding production capacity at various locations across the country. A part of the diversified JBM Group, the company is putting the investments mainly at its Chennai, Pune and Sanand plants to meet requirements of customers, including Nissan, Mahindra & Mahindra and Tata Motors. The company had already invested about Rs 35 crore out of a planned Rs 50 crore at the Chennai plant for supplying parts to Nissan. The company is supplying parts for Nissan's compact car Micra and also for the upcoming sedan version of the car.The capacity will go to 1 lakh parts per day from 70,000 parts per day by the end of the fiscal.
The capacity at the Pune plant is also being expanded to supply parts to Mahindra & Mahindra's upcoming light commercial vehicle. Already investments are also going on for the plant at Sanand to supply parts to Tata's Nano. The company's other plants are located at Faridabad, Greater Noida and Nashik. On the back of these expansion and increased orders from original equipment manufacturers for new products, the company is aiming for about Rs 1,000 crore turnover this fiscal. In 2010-11, the company's sales stood at Rs 825 crore.crackcrack
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