JCB invests Rs 1,000 cr in Vadodara export facility for global operations
Equipment

JCB invests Rs 1,000 cr in Vadodara export facility for global operations

JCB, a UK-based construction equipment company, is spending Rs 1000 crore in Vadodara, Gujarat, to establish a specialised exports facility for crucial parts and components for its global operations.

Gujarat Chief Minister Bhupendra Patel and UK Prime Minister Boris Johnson, in the presence of JCB Chairman Lord Bamford, inaugurated the sixth facility.

With the opening of the facility in Gujarat, JCB will be able to concentrate all of its exports under one roof and use the private port in Hazira, Surat to send welded component and fabrication parts worldwide to JCB's global supply chain.

The facility, which is spread out across 47 acres, will reach capacity in October 2022. The steel processing capacity of the factory will be 85,000 tonnes. The plant's expenditure has been increased to Rs 1,000 crore, which was originally expected to be put up at an investment of Rs 650 crore.

JCB has spent overall £1 billion in the nation and is currently the market leader in construction equipment, selling one out of every two units.

The construction equipment manufacturer, which produces around 40,000 to 50,000 machines, will generate 1,200 direct employment and hundreds of indirect ones in the ancillary sector.

Vadodara-made machinery would be sent to facilities in the United Kingdom, Brazil, and other areas of the world, and many women would make up half of the factory's workers.

It may drastically boost JCB's exports, which currently account for 15% of overall sales volumes, to about 20% to 25% in the medium future. From India, JCB presently exports to 110 nations.

Since 2007, India has been JCB's largest market, accounting for over a fifth of the company's global sales.

According to financials obtained from the Ministry of Corporate Affairs, the company earned Rs 11,751 crore in fiscal year (FY) 2021.

Image Source

JCB, a UK-based construction equipment company, is spending Rs 1000 crore in Vadodara, Gujarat, to establish a specialised exports facility for crucial parts and components for its global operations. Gujarat Chief Minister Bhupendra Patel and UK Prime Minister Boris Johnson, in the presence of JCB Chairman Lord Bamford, inaugurated the sixth facility. With the opening of the facility in Gujarat, JCB will be able to concentrate all of its exports under one roof and use the private port in Hazira, Surat to send welded component and fabrication parts worldwide to JCB's global supply chain. The facility, which is spread out across 47 acres, will reach capacity in October 2022. The steel processing capacity of the factory will be 85,000 tonnes. The plant's expenditure has been increased to Rs 1,000 crore, which was originally expected to be put up at an investment of Rs 650 crore. JCB has spent overall £1 billion in the nation and is currently the market leader in construction equipment, selling one out of every two units. The construction equipment manufacturer, which produces around 40,000 to 50,000 machines, will generate 1,200 direct employment and hundreds of indirect ones in the ancillary sector. Vadodara-made machinery would be sent to facilities in the United Kingdom, Brazil, and other areas of the world, and many women would make up half of the factory's workers. It may drastically boost JCB's exports, which currently account for 15% of overall sales volumes, to about 20% to 25% in the medium future. From India, JCB presently exports to 110 nations. Since 2007, India has been JCB's largest market, accounting for over a fifth of the company's global sales. According to financials obtained from the Ministry of Corporate Affairs, the company earned Rs 11,751 crore in fiscal year (FY) 2021. Image Source

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000