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JCB is to invest £65 million in building a new fabrication facility in Vadodara, India, its sixth plant in the country.
The new 44 acre site is located near the port city of Surat on the west coast, and will fabricate parts for use worldwide, as part of a plan to increase capacity. The company says it will be capable of processing 85,000 tonnes of steel a year. Production is expected to begin next year.
Chairman Lord Bamford said: “With major investment in manufacturing capacity in the UK and India, we are very well placed to grow our business in the future. This year we celebrate 40 years in India and our success over those four decades is down to our continual investment. It’s fitting that we mark the 40th anniversary with an investment in a factory which will give us enormous manufacturing capacity.”