JCB, one of the world’s leading manufacturers of construction equipment, signed a land purchase agreement with Rajasthan government on 23rd October’12. Today, Sir Anthony Bamford – Chairman, JCB met Rajasthan Chief Minister Shri Ashok Gehlot to hold discussions on the way forward. Also present on the occasion were Minister for Industries Shri Rajendra Pareek and Chief Secretary Shri C. K. Mathew.
With the approximate investment of INR 500 crores; JCB India will set up its fourth manufacturing facility on a 70 acre site in Jaipur. This has marked the beginning of a new expansion phase for JCB India, India’s largest manufacturer of construction equipment.
“India has been an extremely crucial market for JCB and we have made huge investments in setting up our manufacturing base at strategic locations in the country. This will be JCB’s fourth manufacturing footprint in India. With the pro business approach of the State government, Rajasthan is a preferred location for business as it offers new opportunities to industries across sectors” said Sir Anthony Bamford, JCB Chairman.
Speaking on the occasion Shri Ashok Gehlot, Rajasthan CM said “We welcome JCB’s decision to invest in Rajasthan. We are confident that such initiatives will strengthen the manufacturing sector in the state and enhance growth.”
This will be JCB’s fourth factory in India. JCB’s other three factories in the country are in Ballabgarh, Haryana near New Delhi and two in Pune. The Ballabhgarh Plant is the world’s largest Backhoe Loader manufacturing facility which also manufactures the JCB Liftall ‘pick-&-carry’ crane. Out of the two world class plants in Pune; one manufactures export oriented fabrications and components and the other manufactures state of the art heavy equipment like tracked excavators, wheeled loaders and compactors.