JCB India is planning new manufacturing units near Jaipur in Rajasthan, its fourth manufacturing facility in India, with an investment of Rs500 crore (about U.S. $100 million), according to hindubusinessonline.com. The first finished unit will be a 115-acre site, expected to be ready in April 2014, with another facility at the same location to be ready a few months later.
JCB began operations in India in 1979 and now has two manufacturing facilities near Pune in Maharashtra and another in Ballabhgarh, which is the largest backhoe loader plant in the world, the report said. That facility also manufactures pick-and-carry cranes and diesel engines.
Lord Anthony Bamford, JCB chairman, told Indian journalists that despite current economic difficulties, prospects for growth in the country were strong and that the quality of products produced there — which are exported to Africa, Malaysia and other countries from India — are extremely good. Bamford added that India is JCB’s single largest market in terms of volume.