Auto component maker JBM is setting up three more plants to supply automakers.

“We are setting up a plants in Chennai for Nissan-Renault, in Pantnagar for Ashok Leyland and in Sanand for Tata Motors,” group deputy general manager Aniruddha Chatterjee told just-auto on the sidelines of Automotive Components Manufacturers Association annual conference in New Delhi.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

He added: “JBM is investing about US$110m setting up the three plants.”

The component maker already has 30 units around the country in 20 alliances with global partners.

“All three facilities should be functional by the end of fiscal 2012,” Chatterjee said.

See Also:

Customers include Ashok Leyland, Bajaj, Eicher, Fiat, Ford, GM, Hero, Honda, JCB, M&M, Maruti Suzuki, Nissan, Renault, Tata, Toyota, TVS, VW and Volvo.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The $1bn supplier makes sheet metal components like shaped blanks, welded assemblies, axles, exhaust systems, fuel fillers and skin panels for both two- and four wheelers and also supplies the mining and farm equipment sectors.

JBM is known to be looking for acquisitions abroad particularly in Europe, Russia, Turkey and Brazil.