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Private Sector | Gujarat - India | PID: 186991
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Value: 650 Crore | In a bid to meet increased demand for the global markets Construction Equipment major JCB is planning to invest Rs. 650 crores in a new plant in Gujarat
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
JCB Chairman, Lord Bamford said, “With major investment in manufacturing capacity in the UK and India
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
| Updated on: 26 - Mar - 2019
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