September 08, 2008
JBM Auto and Ashok Leyland for sheet metal component JV
It is reported that JBM Auto has entered into a JV agreement with Ashok Leyland at Chennai for supplying of sheet metal components for their G90 Cab and G-90 FES.
JV will set up state of art facilities at Pant Nagar in Uttarakhand at an estimated investment of INR 100 crores. The JV will have large pressing and welding facilities.
