~Hot News~

#JBM group looking for a JV to manufacture buses*

>While there are some global bus majors like Volvo and Daimler looking at Indian market, auto component-maker JBM Group has stated that it will make a foray into the vehicle manufacturing space through a tie-up with a foreign partner for the launch of buses in India by next fiscal.

... >the company will join hands with a foreign partner to roll out the product from a new facility to be set up either in North or West India.
-JBM working on the bus project and are in discussions with big companies for forming an alliance.

>JBM group is investing Rs 500 crore this fiscal on expanding its existing capacities and setting up new facilities." The company is setting up new units in Chennai, Sanand and Pant Nagar, while expanding existing capacities at its Pune, Gurgaon and Faridabad facilities.


Team Auto Adrenalin :)