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

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 issueIndore civic body identifies housing projects delayed