JCB India, a manufacturer of earthmoving and construction equipment and a fully-owned subsidiary of UK-based J C Bamford Excavators, has inaugurated a new GBP 100 million factory near Vadodara in Gujarat.
The new factory was inaugurated by Gujarat Chief Minister Bhupendra Patel and British Prime Minister Boris Johnson.
This will be the company’s sixth factory in India and will generate jobs for 1,200 people directly and thousands more through its supply chain units.
About 50 percent of the staff will be women. With the Gujarat factory, the total investment made by JCB in India is estimated at over GBP one billion.
The company has a total production capacity of about 50,000 machines a year.
The company makes components in all other Indian factories such as Jaipur, Pune and Ballabgarh for some global requirements. Those plants will stop making the export components and this new factory will make all of those.
The Vadodara factory, which spreads over 47acre site, is expected to start full production in October 2022. It will be capable of processing 85,000 tonnes of steel annually.