Jay Bharat Maruti to set up 2 plants in Haryana, Gujarat

15 May 2023 CW Team

Jay Bharat Maruti has announced its plan to establish two new manufacturing plants in Haryana and Gujarat. The company aims to fulfill the needs of its primary customer, Maruti Suzuki, in both locations.

Jay Bharat Maruti stated that the new plants will be commissioned at Kharkhoda, Sonipat in Haryana and SMG Suppliers’ Park in Gujarat. The Kharkhoda plant in Haryana will provide increased capacity to fulfill Maruti Suzuki’s new manufacturing plant at IMT Kharkhoda, which is expected to be operational by FY2025.

Additionally, the company will establish an assembly facility in the Gujarat plant to supply auto assemblies. In accordance with its customer's growth strategy, the company plans to invest nearly Rs 3-3.5 billion in a phased manner.

Jay Bharat Maruti, a joint venture between JBM Group and Maruti Suzuki India, is the flagship company of the $2.6 billion JBM Group, and it manufactures essential auto systems such as chassis & suspension systems, exhaust systems, welded assemblies, tools & dies, etc. for India’s largest car manufacturer, Maruti Suzuki India.

With an infrastructure of 60 manufacturing plants and five engineering & design centres in over 37 countries, JBM Group has a diversified portfolio in the field of automotive, buses & electric vehicles, EV charging Infra, engineering & design services, and renewables. The group has an indomitable position in the automotive industry due to its focus on quality-delivery, frugal engineering, and low time-to-market over the last four decades.

Also read:
Central advisory council: real estate stalled project issue
Indore civic body identifies housing projects delayed

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..