Rs 500 crore investment for 4th JCB India manufacturing plant in Jaipur
The fourth manufacturing plant of UK based construction equipment manufacturers JC Bamford Excavators (JCB) is being set up in Jaipur. Ashok Gehlot – Chief Minister of Rajasthan laid the foundation stone at a function wherein Mr. Alan Blake, CEO of JCB Group and Mr. Vipin Sondhi, MD & CEO of JCB India were also present.
This is the fourth world class manufacturing unit which is coming up at MWCJL in Jaipur at an investment of INR 500 crores and will be spread over an area of 115 acres. The new facility will play a major role in strengthening JCB’s manufacturing base in the state of Rajasthan while it will also aid the company to keep abreast with future economic developments besides ensuring its position as a leader where construction equipment is concerned.
Besides the Jaipur plant, JCB has three other world class facilities, one in Ballabgarh, Haryana and two in Pune, Maharashtra. At the Ballabgarh plant, JCB manufactures Blackhoe Loader besides JCB Liftall Cranes while at the two plants in Pune, one plant takes care of export oriented fabrications and components while at the second plant JCB undertakes manufacture of heavy equipment including Tracked Excavators, Wheeled Loaders and Compactors.
Ashok Gehlot, Chief Minister of Rajasthan said, “It’s a pleasure for me to lay the foundation stone of the manufacturing plant being set up by JCB India. I strongly believe that this premium development will contribute towards strengthening the manufacturing base of the state. I would like to wish great progress to JCB in Rajasthan.”
Rajendra Pareek, Minister of Industries said, “I am very happy that JCB has decided to have its fourth plant in Rajasthan and I assure the management of JCB that the Govt. of Rajasthan will extend its full support to their investment at all stages as per their requirements”
Alan Blake, CEO, JCB Group said, “India is a very important market for JCB and our investment in Jaipur is a vital next step we’re taking to further strengthen our position in this growing market. We look forward to providing products of the highest quality with the industry-leading service to our Indian customers from Rajasthan in the same way as we already do from our world-class factories in Haryana and Maharashtra.”
C. K. Mathew, Chief Secretary said,”Coming of JCB is a significant milestone in the sustained and ongoing efforts of the Govt .of Rajasthan to bring industries, specially manufacturing giants here”
Sunil Arora, Chairman RIICO & Additional Chief Secretary – Industries said, “ RIICO has been involved with JCB’s project for Jaipur since its inception. It is indeed extremely gratifying that they have reached the day of laying the foundation stone of JCB’s world class plant right here in Jaipur.”
“This is a memorable moment for us, as we begin this new chapter in the JCB India growth story. JCB has a very robust & growing business in India and we’re making investments to drive sustainable long-term growth.” said Vipin Sondhi, MD & CEO, JCB India. He added “After a decade of continued investment by the JCB Group in Ballabgarh and Pune, I’m thrilled that Jaipur will become home to the company’s next world-class manufacturing facility.”