JBM Group plan to Invest Rs. 500 crores in order to expand production capacity: said VC, Arya

JBM Vice chariman , MR. Nishant Ariya announced invest of Rs.500 crore in order to expand its production capacity

JBM group has a plan to achieve the target of manufacturing 3,000 buses annually.

Ariya said in an interview with Deccan Herald, the JBM group plan to expand its manufacturing capacity for luxury coaches.

when asked about the investment he commented that JBM invest 500crore rupees, we are investing to increase the production capacity, the exact number is not defined yet.

As Arya expects for the EV market, electric vehicle demand sharply increases day by day to keep in mind JBM decide to invest in the EV market in order to meet the growing demand.

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