MoneyWorks4Me

JBM Auto to increase capacity at its plants in Chennai

20 Feb 2015 Evaluate

JBM Auto is planning to increase the capacity at its plants in Chennai with an investment of Rs 100 crore. The company has four facilities around Chennai - two in Maramalai Nagar, one each in Oragadam and Sriperumbudur. All the four locations are key automotive clusters in the state. These plants cater to major OEMs including Ford, Renault-Nissan, Daimler, TAFE, Hyundai, Ashok Leyland, Ashok Leyland-Nissan and Royal Enfield.

The proposed investment would take up the capacity from 75,000 components to 100,000 a day, said Arya. Products manufactured in these facilities include chassis and suspension systems, exhaust systems, welded assemblies, cross car beams and others.

JBM Auto company was originally set up in the year 1990, mainly to manufacture Tools, Dies and Moulds at Faridabad.

 

Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2613.00
Bosch 47800.00
UNO Minda 1207.10
Bombay Burmah Trdg. 1399.55
View more..