JCB is to invest £65 million building a new factory in India.
Located near the port city of Surat in the State of Gujarat on the west coast, it will be the UK-based equipment manufacturer’s sixth factory in India – which has been JCB’s biggest single market since 2007. Other factories are located in Delhi, Pune and Jaipur.
Work will begin on the 17ha site next year, and once completed the forklift-free factory will house the latest laser cutting, welding and machining technology for fabricating parts for global production lines. It will have the capacity to process up to 85,000 tonnes of steel annually.
This announcement follows the start of work on a new £50 million factory to build cabs for JCB machines in Uttoxeter, UK, which will be completed later this year.
JCB Chairman Lord Bamford said, “With major investment in manufacturing capacity in the UK and India, we are very well placed to grow our business in the future. This year we celebrate 40 years of JCB India and our success over those four decades is down to our continual investment. It’s fitting that we mark the 40th anniversary with an investment in a factory which will give us enormous manufacturing capacity.”
JCB India Managing Director Vipin Sondhi said, “The decision to build a new world-class factory at Vadodara builds on JCB’s commitment to India.”