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JCB India allots Rs 300 cr for Haryana plant

JCB India, a fully owned subsidiary of UK-based JC Bamford Excavators Ltd, has announced that it would be investing Rs 300 crore to double the capacity at its Ballabgarh plant in Haryana.

?The company is investing ?36 million (Rs 300 crore) for doubling the capacity of our Ballabgarh plant in addition to spending ?2.5 million (Rs 20 crore) on a new parts distribution warehouse in Pune,? JCB India Managing Director, Mr Vipin Sondhi, said in a release here on Monday.
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Courtesy:www.indiacar.net


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