JCB Makes Gujarat Its Home For Its Sixth Factory In The Country
In a bid to meet increased demand for the global markets Construction Equipment major JCB is planning to invest `650 crores in a new plant in Gujarat. This will be the company’s sixth factory in India, which will be predominantly used as base to supply to global production lines as the company prepares to meet increased demand.
JCB Chairman Lord Bamford laid the foundation stone for the new plant which will be JCB’s sixth factory in India which has been JCB’s biggest single market since 2007. The announcement follows the start of work on a new £50 million factory to build cabs for JCB machines in Uttoxeter, Staffordshire, UK which will be completed later this year, the company said in a statement.
JCB India already has factories in Delhi, Pune and Jaipur. Production at the new facility at Halol-II, Vadodara on a 44 acre site will begin next year. It will house the most modern laser cutting, welding and machining technology and will be a fork-lift free operation. It will be capable of processing 85,000 tonnes of steel annually. JCB India MD and CEO, Vipin Sondhi said, “This new factory will be manufacturing engineered components and sub-assemblies for JCB’s many factories around the globe. It will add to the capacity at our existing plants in India. Vadodara presents us with the advantage of being located close to the Surat port and also to our key suppliers.”
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