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JBM Auto to expand its production capacity at various locations

22 Aug 2011 Evaluate

JBM Auto, auto component maker is planning to expand production capacity at various locations across the country.  In this regard, the company will invest Rs 200 crore this fiscal.

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.

However, 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 company’s other plants are located at Faridabad, Greater Noida and Nashik.

JBM Auto, a part of the JBM Group, is engaged in manufacturing of sheet metal components, tools and dies primarily for automotive applications.

JBM Auto Share Price

649.95 26.15 (4.19%)
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