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JBM Auto to invest Rs 200 crore in FY16: Report

19 May 2015 Evaluate

JBM Auto is reportedly planning to invest over Rs 200 crore this financial year towards expanding some of its existing facilities and to focus of new projects. Last year, the company had announced an investment of Rs 100 crore for a greenfield facility that was to be set up in Indore to cater to Volvo-Eicher, MAN and Mahindra Mahindra. 

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

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